NASDAQ · Finance

RIOT PLATFORMS INC RIOT

Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. It operates in two segments, Bitcoin Mining and Engineering. The company offers comprehensive and critical infrastructure for bitcoin mining and data center services at its facilities.

Finance: Consumer Services

Company profile

Business mix

  • It operates in two segments, Bitcoin Mining and Engineering. The company offers comprehensive and critical infrastructure for bitcoin mining and data center services at its facilities.
  • The company also designs and manufactures power distribution equipment and engineered-to-order electrical products.
  • The company was founded in 2000 and is based in Castle Rock, Colorado.

Current key questions

  • Can asset growth, client flows, fee rates, credit quality, or spread income support durable earnings in capital markets?
  • How sensitive are margins and returns to interest rates, market levels, funding costs, and regulation?
  • Do capital allocation, risk controls, and balance-sheet quality improve long-term per-share value?
Holders 1 Current sample portfolio
Public mentions 0 Videos / interviews / letters
Valuation snapshot
PE N/A FCF -12.1% Buyback -17.64%
2026-06-07

Current firm holders

Firm Weight Value Filing period
Starboard Value Jeff Smith 4.2% $192.1M 2026-03-31

Recent trading changes over the last 4 quarters

Net buyers 1 Last 4 13F filing periods
Net reducers 0 Last 4 13F filing periods
Unchanged holders 1 Share count unchanged
Increase amount $35.2M Estimated from net added shares
Reduction amount $0 Estimated from net reduced shares
Net share change / base shares +22.4% +2,844,576 / 12,700,000
Viking Global Investors Andreas Halvorsen 2 filing periods
13F 2025-12-31 Filed 2026-02-17
New Shares - 13F value change +$157.5M
13F 2026-03-31 Filed 2026-05-15
Sold out Shares -100.0% 13F value change -$157.5M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 0 Last 4 periods +0 (New) Total shares 0 Value $0
Starboard Value Jeff Smith 4 filing periods
13F 2025-06-30 Filed 2025-08-14
Major reduction Shares -63.2% 13F value change -$37.6M
13F 2025-09-30 Filed 2025-11-14
Major increase Shares 88.5% 13F value change +$115.0M
13F 2025-12-31 Filed 2026-02-17
Major increase Shares 44.5% 13F value change -$6.3M
13F 2026-03-31 Filed 2026-05-15
Major increase Shares 22.0% 13F value change +$30.7M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 12,700,000 Last 4 periods +2,844,576 (+22.4%) Total shares 15,544,576 Value $192.1M

Recent mentions

No public mentions.