Significant Expansion in Data Center Capacity
Riot Platforms announced the development of the first two buildings at the Corsicana data center campus, representing 112 megawatts of critical IT data center capacity. The company plans to mobilize construction in Q1 2026.
Strong Revenue Growth
Riot reported total revenue of $180.2 million for Q3 2025, an 18% increase from the previous quarter's $153 million.
Bitcoin Holdings and Market Value
Riot ended Q3 holding 19,287 Bitcoin with a market value of $2.2 billion.
Strategic Land Acquisition
Riot successfully acquired 67 acres contiguous with its original Corsicana site for $40 million, enhancing development capabilities.
Power Strategy and Cost Efficiency
Riot generated $31 million in power credits, lowering the net cost of power to $0.032 per kilowatt hour, reinforcing its position as a low-cost leader.