Riot Platforms, Inc.

Riot Platforms, Inc. is a Bitcoin mining and digital infrastructure company. Its primary purpose is to support the Bitcoin network by operating large-scale, energy-intensive data centers that validate transactions and secure the blockchain. The company follows a vertically integrated model, combining institutional-scale mining sites in Texas and Kentucky with in-house engineering capabilities that design and manufacture electrical switchgear and power distribution equipment. This integration aims to optimize uptime, power management, and deployment speed for high-density computing. Beyond proprietary mining, Riot Platforms provides infrastructure design, installation, and co-location style services for large commercial and governmental customers across data center, utility, industrial, and alternative energy markets. The firm’s operations contribute specialized demand to regional power grids and intersect with the broader ecosystem of ASIC-based computing, energy procurement, and grid services. In the market, Riot Platforms represents a proxy for Bitcoin network activity and digital asset infrastructure, offering exposure to mining scale, hash rate growth, and electrical engineering competencies tied to the expansion of compute-intensive workloads.