About Riot Platforms
Riot Platforms is a publicly listed company based in Castle Rock (United States) founded in 2000, and was acquired by Venaxis in September 2016. Bitcoin mining solutions are offered by the platform. It operates in the Technology, Healthcare, and Financial Services sectors. The company has 783 employees. Riot Platforms has completed 1 acquisition, including Block Mining. Its chief executive, as recorded, is Jason Les. Its website riotplatforms.com draws about 55 thousand monthly visits. Riot Platforms offers products and services including Bitcoin Mining Service and Infrastructure Platform. Its focus areas include FinTech, Cryptocurrencies, Mining and Cloud Mining. Its legal entity is Riot Platforms, Inc. Its competitors include Core Scientific, Pi Network and Carterra; 2 of its 3 listed competitors have raised funding.
Company details
Riot Platforms was established in 2000 and is based in Castle Rock, United States. Operations in the cryptocurrency sector are centered on bitcoin mining activities. Solutions for mining are provided through infrastructure and technology services. The company maintains its online presence via riotplatforms.com, supporting bitcoin production in a competitive market environment. Leadership includes roles such as Executive Chairman and CEO positions held by key executives.
- Headquarters Castle Rock, United States
- Employees 783
- Stage Acquired
- SectorsTechnologyHealthcare Financial Services
- Website category Finance · Investing
- Website riotplatforms.com
- Social LinkedIn X Facebook
- Acquired by Venaxis (Sep 2016)
- Legal Name Riot Platforms, Inc.
- Annual Revenue$647.43 M (USD)71.89as on Dec 31, 2025
- Net Profit-$663.18 M (USD)-706.19as on Dec 31, 2025
- EBITDA-$53.22 M (USD)65.22as on Dec 31, 2025
- Latest Funding Round$594.4M (USD), Post-IPO
Dec 2024
- InvestorsVanguard
& 4 more
- Employee Count783
- Investments & Acquisitions
- Acquired byVenaxis
(Sep 2016)
Products & Services of Riot Platforms
Riot Platforms offers a comprehensive portfolio of products and services, including Bitcoin Mining Service and Infrastructure Platform.
Provides large-scale Bitcoin mining operations for blockchain support
Offers Bitcoin-driven platform for energy and finance convergence
Funding Insights of Riot Platforms
- Total Rounds 8
- Last Round Post-IPO — $594.4M
- First Round $100,000
(Oct 2007)
- Investors Count 4
All 8 funding rounds of Riot Platforms with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | $594.4M | Post-IPO | – | – | – |
| Jul 2023 | Post-IPO | – | – | ||
| Feb 2019 | $7.06M | Post-IPO | – | – | – |
| Mar 2017 | $7M | Post-IPO | – | – | – |
| Sep 2010 | $99,521 | Grant | – | – | |
| Mar 2009 | $3M | Post-IPO | – | – | |
| Jan 2008 | $100,000 | Grant | – | – | |
| Oct 2007 | $100,000 | Grant | – | – |
5 investors in total: 5 institutional.
Investors in Riot Platforms
Riot Platforms has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Vanguard, HHS and Venaxis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is offered by Boulder Ventures for innovative companies. | boulderventures.com | Boulder, United States | ||
Diversified investment management services are offered to investors worldwide. | 1975 | vanguard.com | Valley Forge, United States | |
Public health and human services are overseen by HHS. | 1953 | hhs.gov | ||
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States | |
In vitro diagnostic tests for appendicitis are developed by Venaxis. | 2012 | venaxis.com | Castle Rock, United States |
Investor details for Riot Platforms
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People of Riot Platforms
57 people are tracked at Riot Platforms (35 in leadership, 3 in board & advisors, 19 in team); the tracked headcount is 783.
| Name | Role | Group |
|---|---|---|
Benjamin Yi | Executive Chairman | Leadership |
Jason Les | CEO | Leadership |
Jeffrey G McGonegal | CEO | Leadership |
Ryan Werner | SVP, Chief Accounting Officer | Leadership |
David Schatz | Senior Vice President Of Operations | Leadership |
Jacob G. | Director Of Cyber Security | Leadership |
Colin Yee | Chief Financial Officer | Leadership |
Phil McPherson | VP Capital Markets | Leadership |
Ghazaleh Barman | VP, Financial Planning & Analysis | Leadership |
Jason Chung | Executive Vice President, Head Of Corporate Development & Strategy | Leadership |
Gordon Zhang | VP, Corporate Development & Strategy | Leadership |
David Yi | VP Of Corporate Development & Strategy | Leadership |
Alanna Daniels | Director Of Financial Planning And Analysis | Leadership |
Thomas T. | Director Of Human Resources | Leadership |
Jeremy Witten | VP, Operations | Leadership |
Monica Lindsay | Director, Corporate Human Resources | Leadership |
Luis Diaz-Cesar | VP Of Engineering & Construction | Leadership |
Maureen Chu | VP Associate General Counsel - M&a And Corporate Finance | Leadership |
Thomas Toyoda | Director Of Human Resources | Leadership |
Kevin Haugen | Vice President, Financial Operations At Riot Platforms | Leadership |
37 more people are available in the full profile.
Complete people profiles for Riot Platforms
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IPO & Listings of Riot Platforms
Riot Platforms is a publicly listed company on the NASDAQ with ticker symbol RIOT in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date24 Jan 2003
- Listed onNASDAQ: RIOT
- Listed entityRiot Platforms, Inc.
- Exchange sectorTechnology services
- ISINUS7672921050
- Share price$16.67 (+1.21% on the day) · 2026-10-13
- Market capitalisation$6.26B
- Price to earnings44.4
- EPS (diluted, trailing year)$-3.72
- Volume (last session)20,097,447
Financials of Riot Platforms
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $647.4M | -$663.2M | -$53.2M |
| 2024 | $376.7M | $109.4M | -$153.0M |
| 2023 | $280.7M | -$49.5M | -$74.0M |
| 2022 | $259.2M | -$509.6M | $10.2M |
| 2021 | $213.2M | -$15.4M | $44.0M |
Detailed financial statements for Riot Platforms
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Riot Platforms
Riot Platforms has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Block Mining.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
End-to-end support services for blockchain hardware are provided. | blockmining.com | Chicago, United States | 2019 | Jul 2024 | $92.5M |
Complete acquisition details for Riot Platforms
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Timeline of Riot Platforms
6 dated milestones of Riot Platforms across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Riot Platforms is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $100K.
- Exit Acquired by Venaxis.
- Acquisition Acquires Block Mining.
- Funding Latest funding round, Post-IPO, of $594.4M.
Competitors of Riot Platforms
Riot Platforms has 3 listed competitors in our database, 2 of them funded. They include Core Scientific, Pi Network and Carterra.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| corescientific.com | 2017 | Bellevue, United States | $49M | 286 | AI and blockchain infrastructure plus software solutions are offered. | |
| minepi.com | 2019 | Palo Alto, United States | 16 | Provider of blockchain-based platform offering to mine coins | ||
| carterra-bio.com | 2004 | Salt Lake, United States | $47.22M | SPR-based platforms are developed for enzyme kinetics studies. |
Detailed competitors of Riot Platforms
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Web traffic of Riot Platforms
The website of Riot Platforms (riotplatforms.com) receives about 54.9K visits a month and ranks #601,574 among all websites worldwide, #5,936 in Investing.
- Monthly visits54.9K
▼ 3.5% vs previous month
- Unique visitors25K
per month
- Global rank#601,574
among all websites
- Category rank#5,936
Finance · Investing
- Bounce rate40%
- Pages per visit1.9
- Average visit24 sec
- DevicesDesktop 36% · Mobile 64%
Websites whose visitors overlap most with Riot Platforms. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gryphondigitalmining.com | 100% | View details | |||
gomining.com | gomining.com | 88% | #36,297 | – | |
| cudominer.com | 88% | 413.8K | #113,180 | View details | |
| nicehash.com | 88% | 680.7K | #39,347 | View details | |
bitcoinmining.com | bitcoinmining.com | 61% | #1,646,862 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Riot Platforms
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Top companies in Blockchain & Decentralized Infrastructure
3 companies that operate in the same segment as Riot Platforms (Blockchain & Decentralized Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 | ||
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | 708 | ||
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | 166 |
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Related news about Riot Platforms
Complete news archive for Riot Platforms
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Frequently Asked Questions about Riot Platforms
Riot Platforms was founded in 2000 and raised its 1st funding round 7 years after it was founded.
Riot Platforms is headquartered in Castle Rock, United States. It is registered at Castle Rock, Colorado, United States.
Jason Les is the CEO of Riot Platforms, as recorded in our data.
Riot Platforms has 783 employees.
Annual revenue of Riot Platforms is $647.43M as on Dec 31, 2025.
Riot Platforms was established in 2000 and is based in Castle Rock, United States. Operations in the cryptocurrency sector are centered on bitcoin mining activities. Solutions for mining are provided through infrastructure and technology services. The company maintains its online presence via riotplatforms.com, supporting bitcoin production in a competitive market environment. Leadership includes roles such as Executive Chairman and CEO positions held by key executives.
Riot Platforms's top competitors include Pi Network, Core Scientific and Carterra.
Riot Platforms offers Bitcoin Mining Service and Infrastructure Platform.
Yes, Riot Platforms is publicly traded on NASDAQ under the ticker symbol RIOT.
Riot Platforms has made 1 acquisition, including Block Mining.
Riot Platforms has 5 investors. Key investors include Vanguard, HHS, Venaxis, Boulder Ventures, and National Science Foundation.
Riot Platforms operates through Riot Platforms, Inc..