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Riot Platforms

https://riotplatforms.com
https://twitter.com/RiotPlatforms

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Riot Platforms, Inc. (NASDAQ: RIOT)

Riot Platforms, Inc. (“Riot”) is a U.S.-based Bitcoin mining and digital infrastructure company focused on building and operating large-scale data centers and related power/electrical infrastructure, primarily to support proof-of-work Bitcoin mining, with stated expansion ambitions toward broader high-density computing use cases. (riotplatforms.com)

Core business and strategy

Riot describes itself as a leader in digital infrastructure, emphasizing a vertically integrated approach spanning:

  • Bitcoin mining operations and the underlying power infrastructure,
  • Engineering and fabrication capabilities for electrical systems and power distribution,
  • Development of large-scale data center projects to support “high-density computing” demand. (riotplatforms.com)

Riot’s SEC filings describe two reportable segments: Bitcoin Mining and Engineering. (sec.gov)

Operations and facilities (as described by the company)

Riot states it owns and operates Bitcoin mining facilities in Texas and Kentucky, and has engineering/fabrication capabilities in Denver and Houston. (riotplatforms.com)

Its website highlights major mining sites including:

  • Rockdale, Texas (listed as 700 MW developed capacity on Riot’s site),
  • Corsicana, Texas (planned expansion to 1 GW developed capacity upon completion, per Riot’s site),
  • Kentucky facilities (listed as 60 MW combined developed capacity on Riot’s site). (riotplatforms.com)

Engineering brands/subsidiaries

Riot markets an engineering arm that includes:

  • ESS Metron, described as designing/manufacturing power distribution equipment used to deploy large-scale mining operations, (riotplatforms.com)
  • E4A Solutions, described as providing electrical infrastructure services across the lifecycle (installation/commissioning/O&M procedures/protection relay settings). (riotplatforms.com)

Corporate history (name and rebranding)

On January 3, 2023, the company announced it rebranded from Riot Blockchain, Inc. to Riot Platforms, Inc., stating this reflected more diversified “Bitcoin-driven” infrastructure operations; the company continued trading under ticker “RIOT”. (globenewswire.com)

Official web and social presence

Related Bitcoin addresses:

Total 21 addresses.