In the third quarter of 2025, Riot Platforms, Inc. reported record quarterly revenue of $180.2 million, with net income of $104.5 million and adjusted EBITDA of $197.2 million. The company also announced the initiation of 112 MW of core and shell development for a data center campus. The financial and operational highlights include producing 1,406 Bitcoin and revenue of $160.8 million from Bitcoin mining. Riot continues to expand its data center business to maximize its unique portfolio of land and power assets. With a strong financial position and industry-leading performance, Riot is poised for further growth in the digital infrastructure sector.
Riot Platforms, Inc., a Bitcoin-driven industry leader in data center development and Bitcoin mining applications, has posted strong financial results for the third quarter of 2025. The company reported total revenue of $180.2 million, a significant increase from the same period in 2024. This growth was primarily driven by a $93.3 million increase in Bitcoin Mining revenue. Riot also achieved a net income of $104.5 million, marking a substantial improvement from the previous year’s net loss. Additionally, the company maintained an industry-leading financial position, with significant working capital and cash reserves. With ongoing developments in data center projects and Bitcoin mining operations, Riot is positioning itself as a key player in the digital economy.
Riot Platforms, Inc. continues to make strides in its data center business, with the initiation of core and shell development for a new data center campus. The company’s strategic acquisitions and completion of key design and development plans have enabled this progress. Riot’s focus on large-scale data centers and Bitcoin mining applications has resulted in significant revenue growth and operational efficiencies. With a vision to be the world’s most trusted platform for digital infrastructure, Riot is committed to empowering the future of digital infrastructure through innovation and community partnerships.
Read more at GlobeNewswire: Riot Platforms Reports Third Quarter 2025 Financial Results