Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. The company operates in two segments, Bitcoin Mining and Engineering. It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining facilities in Rockdale and Navarro counties, Texas; and two Bitcoin mining sites in Paducah, Kentucky. The company also designs and manufactures power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacturing, and installation services for large-scale commercial and governmental customers, as well as data center, power generation, utility, water, industrial, and alternative energy markets. The company was founded in 2000 and is based in Castle Rock, Colorado.
Market Positioning | Learn how RIOT's low power costs, strategic acquisitions, and potential AI/HPC expansion differentiate it in the competitive Bitcoin mining landscape |
Financial Fortitude | Discover RIOT's robust financials, including a 34.2% revenue growth and $109.4M net income, with analyst price targets ranging from $18 to $24 |
AI Pivot Potential | Delve into RIOT's strategic expansion into AI/HPC, leveraging its Corsicana site's attractiveness for both AI inference and training workloads |
Mining Mastery | Explore RIOT's impressive Bitcoin mining efficiency, with 533 BTC mined in March 2025, showcasing operational prowess and adaptability post-halving |

Metrics to compare | RIOT | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipRIOTPeersSector | |
|---|---|---|---|---|
P/E Ratio | 43.6x | −4.2x | 12.4x | |
PEG Ratio | 0.06 | 0.02 | 0.01 | |
Price / Book | 2.0x | 1.5x | 2.4x | |
Price / LTM Sales | 11.2x | 7.3x | 2.4x | |
Upside (Analyst Target) | 35.1% | 59.6% | 19.7% | |
Fair Value Upside | Unlock | −4.3% | 3.5% | Unlock |