Asset Manager

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Riot Platforms

Riot Platforms operates large-scale Bitcoin mining facilities and integrates Bitcoin mining into energy grids. The company serves the cryptocurrency mining and...

Riot Platforms

Riot Platforms operates large-scale Bitcoin mining facilities and integrates Bitcoin mining into energy grids. The company serves the cryptocurrency mining and energy sectors. Founded in 2000, Riot Platforms is based in Castle Rock, Colorado.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Castle Rock

Corporate office

Castle Rock, CO, United States

Sector focus

Digital InfrastructureEnergy Transition & Renewables

Frequently asked questions

How does Riot Platforms source its energy and site locations?

Riot secures power purchase agreements and develops sites in energy markets where large, flexible loads can be brought online. Texas and Kentucky serve as its primary hosting regions, chosen for their deregulated power structures and available stranded energy. The company has not publicly disclosed a formal third-party origination partnership for site selection, instead leaning on in-house development capabilities.

Is Riot strictly a Bitcoin mining company or does it have a broader infrastructure mandate?

Riot has repositioned itself as a digital infrastructure platform. While Bitcoin mining remains the core revenue engine, the company is actively expanding into developing large-scale data centers capable of supporting high-performance computing tenants. Its vertically integrated engineering and fabrication capabilities in Denver and Houston are being used to serve this broader infrastructure thesis.

Does Riot outsource the engineering and electrical buildout for its facilities?

No. Riot maintains in-house engineering and fabrication operations in Denver and Houston, allowing it to design and build immersion cooling systems, electrical infrastructure, and custom power solutions internally. This vertical integration is a structural difference from most public mining peers and forms a key part of its cost-advantage argument.

Which regions host Riot's current operations?

Riot currently operates Bitcoin mining facilities in central Texas and Kentucky, with engineering and fabrication capabilities located in Denver, Colorado and Houston, Texas. The company lists its headquarters in Castle Rock, Colorado.

What is Riot's known posture on holding versus selling the Bitcoin it produces?

Riot's website does not disclose a formal treasury policy governing bitcoin retention. As a publicly traded miner, the decision to hold or sell produced cryptocurrency would typically be disclosed through earnings reports and SEC filings, which are not captured in this profile's source material.

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