Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Riot Platforms benefits from AI data center market growth and favorable Bitcoin seasonality, supporting a bullish outlook. RIOT's large Bitcoin holdings and HODL strategy position it to gain from potential BTC appreciation and pro-crypto policy tailwinds. Miners, including RIOT, are pivoting to AI, following industry deals like CIFR and IREN with Microsoft and CLSK's rally.
Riot Platforms, Inc. ( RIOT ) Q3 2025 Earnings Call October 30, 2025 4:30 PM EDT Company Participants Joshua Kane Jason Les - CEO & Executive Director Colin Yee - Executive VP & CFO Jason Chung - Executive VP and Head of Corporate Development & Strategy Conference Call Participants John Todaro - Needham & Company, LLC, Research Division Paul Golding - Macquarie Research Gregory Lewis - BTIG, LLC, Research Division Reginald Smith - JPMorgan Chase & Co, Research Division Brett Knoblauch - Cantor Fitzgerald & Co., Research Division Mike Grondahl - Northland Capital Markets, Research Division Dillon Heslin - ROTH Capital Partners, LLC, Research Division Nick Giles - B. Riley Securities, Inc., Research Division Presentation Operator Good day, and thank you for standing by.
| Capital Markets Industry | Financials Sector | Jason Les CEO | NASDAQ (CM) Exchange | 767292105 CUSIP |
| US Country | 783 Employees | 12 Oct 2017 Last Dividend | 31 Mar 2016 Last Split | 24 Jan 2003 IPO Date |
Riot Platforms, Inc., originally known as Riot Blockchain, Inc., has established itself as a significant player in the North American bitcoin mining industry. The company's operations are diversified across three main segments: Bitcoin Mining, Data Center Hosting, and Engineering, underlining its integrated approach to the digital currency market. Through its subsidiaries, Riot Platforms not only focuses on the mining of bitcoin but also emphasizes offering essential infrastructure and services for institutional-scale bitcoin mining entities. This aspect includes co-location services where such companies can deploy and operate their mining equipment in dedicated spaces. Established in 1998 and headquartered in Castle Rock, Colorado, Riot Platforms demonstrates a commitment to innovation and efficiency in the realm of digital currency and related technological advancements.
Riot Platforms dedicates a significant portion of its operations to bitcoin mining, employing state-of-the-art technology and infrastructure to secure and extend the bitcoin blockchain. This involves solving complex computational problems to validate transactions and create new bitcoins, emphasizing the company’s role in sustaining the cryptocurrency ecosystem.
The company provides comprehensive co-location services tailored for institutional-scale bitcoin mining companies. Riot Platforms offers these clients critical infrastructure and workforce solutions, enabling the deployment and effective operation of their bitcoin miners. This service is aimed at ensuring optimal mining operations through stable and efficient data center facilities.
This segment covers a broad range of services including the design and manufacturing of power distribution equipment and custom-engineered electrical products. Focused on catering to a wide audience, Riot Platforms’ engineering capabilities address the needs of large-scale commercial and governmental customers. This includes services from the design and manufacture of electricity distribution products to their installation, with a special focus on data center, power generation, utility, water, industrial, and alternative energy markets.