RIOT
Riot Platforms, Inc.
OpenVolumeMkt capP/EEPSDiv yield
Day – 52-wk –
Expected move
InputsNext report
Last report
Largest filed tie
13F top-10 QoQ
Top fund weight
Riot Platforms has 12 disclosed suppliers and 3 disclosed customers in SEC filings.
Last report4 of 8 at or beyond impliedshaded = implied▲▼ = realized× = |realized| ÷ implied
SentenceA significant portion of our revenue is derived from participation in this mining pool, representing approximately 89.0% and 85.2% of our total revenue for the years ended December 31, 2025 and 2024, respectively.
basisRIOT FY2025 revenue $647M
RIOT 10-Kaccession 0001104659-26-022322
SentenceOur bitcoin is held in cold storage wallets by well-known U.S.-based third-party digital asset-focused custodians, NYDIG Trust Company LLC ("NYDIG") and Coinbase, Inc., on behalf of itself and Coinbase Custody Trust Company, LLC, and, if applicable, Coinbase Credit, Inc. or Coinbase Custody International Ltd. (collectively, "Coinbase" and, together with NYDIG, our "Custodians").
SentenceWe currently use Bitmain Technologies Limited ("Bitmain") Antminer, and MicroBT WhatsMiner type miners, and if there are issues with those machines, such as design flaws in the ASIC chips they employ, our system could be substantially impacted.
RIOT 10-Kaccession 0001558370-25-001888
SentenceFor example, as further identified in Note 17. Commitments and Contingencies to our Consolidated Financial Statements, Green Revolution Cooling, Inc. ("GRC") has alleged that the immersion cooling systems we use, which were purchased from Midas Immersion Cooling, LLC and Hash House Tech, Inc., infringe on certain of GRC's patents.
RIOT 10-Kaccession 0001558370-25-001888
SentenceWe currently use Bitmain Technologies Limited ("Bitmain") Antminer, and MicroBT WhatsMiner type miners, and if there are issues with those machines, such as design flaws in the ASIC chips they employ, our system could be substantially impacted.
RIOT 10-Kaccession 0001558370-25-001888
SentenceDuring the year ended December 31, 2023, we entered into a long-term master purchase and sales agreement, dated as of June 23, 2023, as amended (the "Master Agreement"), with MicroBT Electronics Technology Co., LTD, through its manufacturing affiliate, SuperAcme Technology (Hong Kong) Limited (collectively, "MicroBT") to secure the long-term supply of state-of-the-art immersion miners from MicroBT, all of which are being manufactured in the United States.
RIOT 10-Kaccession 0001558370-25-001888
SentenceFor example, as further identified in Note 17. Commitments and Contingencies to our Consolidated Financial Statements, Green Revolution Cooling, Inc. ("GRC") has alleged that the immersion cooling systems we use, which were purchased from Midas Immersion Cooling, LLC and Hash House Tech, Inc., infringe on certain of GRC's patents.
RIOT 10-Kaccession 0001558370-25-001888
SentenceThe Public Utility Commission of Texas ("PUCT"), ERCOT, and Oncor Electric Delivery Company ("Oncor") collectively oversee the regulatory, administrative, and delivery aspects of our power supply in Texas; MISO oversees our power supply in Kentucky.
RIOT 10-Kaccession 0001558370-25-001888
SentenceWe are also a party to a Digital Asset Execution Agreement with NYDIG Execution LLC ("NYDIG Execution"), pursuant to which NYDIG Execution executes or arranges transactions of our Bitcoin ("Orders") as our agent.
RIOT 10-Kaccession 0001558370-25-001888
SentenceWe rely on our Custodians, NYDIG and Coinbase, to safeguard our Bitcoin using cold storage.
RIOT 10-Kaccession 0001558370-25-001888
SentenceThe Public Utility Commission of Texas ("PUCT"), ERCOT, and Oncor Electric Delivery Company ("Oncor") collectively oversee the regulatory, administrative, and delivery aspects of our power supply in Texas; MISO oversees our power supply in Kentucky.
RIOT 10-Kaccession 0001558370-25-001888
SentenceWe currently derive a significant portion of our revenue from our mining pool participation, which accounted for 85.2% and 67.3% of our total revenue for the years ended December 31, 2024 and 2023, respectively.
RIOT 10-Kaccession 0001558370-25-001888
SentenceERCOT and MISO compensate us in the form of Demand Response Credits, which are received whether or not we are called on to power down.
RIOT 10-Kaccession 0001558370-25-001888
SentenceERCOT and MISO compensate us in the form of Demand Response Credits, which are received whether or not we are called on to power down.
RIOT 10-Kaccession 0001558370-25-001888
+4.33%
vs ±11.2% implied · ×0.39
shaded = implied · ▲▼ = realized
Linked news
Riot Platforms, Inc.
12.83
Expected move
Inputs8Q avg ±8.6%·×0.91·fair
straddle ±15.8%
spot 12.81exp Nov 13ATM strike 13ATM straddle 2.38IV 118%