Riot Platforms (RIOT) reported sturdy operational efficiency in March 2025, highlighted by continued enlargement into the factitious intelligence (AI) and high-performance computing (HPC) sector.
The corporate’s bitcoin (BTC) manufacturing final month rose to 533 BTC, probably the most because the reward halving nearly a 12 months in the past. The determine represents a month-on-month enhance of 13% and 25% greater than a 12 months earlier than. Bitcoin holdings grew to 19,223 BTC.
Riot stated it plans to “aggressively pursue” improvement of its Corsicana facility to capitalize on rising demand for compute infrastructure utilized in AI and HPC.
A not too long ago accomplished feasibility research by trade advisor Altman Solon confirmed the numerous potential of the positioning to assist as much as 600 megawatts of further capability for AI/HPC purposes. Key benefits embrace 1.0 gigawatt of secured energy, 400 MW of which is already operational, 265 acres of land with substantial improvement potential and shut proximity to Dallas — a significant hub for AI and cloud computing.
The research famous the positioning’s capability to assist each inference and cloud-based workloads, strengthening its attraction to AI/HPC tenants.
Riot maintained a gradual deployed hash fee of 33.7 EH/s, whereas its common working hash fee grew 3% month-over-month to 30.3 EH/s—representing a 254% enhance year-over-year. Though energy credit declined as a consequence of seasonal components, Riot saved its all-in energy value low at 3.8 cents per kWh, and improved fleet effectivity to 21.0 J/TH, a 22% enchancment from the earlier 12 months.
Riot’s shares fell 5.5% Friday, whereas the Nasdaq 100 index dropped 2.8%. They’ve misplaced 35% year-to-date.
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