How Much Bitcoin Does Riot Platforms Own?

Entity Country Symbol:Exchange Filings & Sources # of BTC Value Today % of 21m
Riot Platforms, Inc. country flag RIOT:NADQ Filing | News 10,019 $627,024,487 0.048%

How Much Bitcoin Does Riot Own?

Riot Platforms, Inc. (NASDAQ: RIOT) is sitting on 10,019 Bitcoins as of Sept. 12, 2024.(1).

What Does Riot Platforms Do?

Riot is a leader in the world of Bitcoin mining. The company was originally called Bioptix, Inc, but changed its name to Riot Blockchain and became incorporated in 2000. They are based in Castle Rock, Colorado.

Their current Deployed Hashing Capacity is 14.7 EH/S as of May 2024. Riot expects to increase to 31 EH/s by the end of 2024 and 41 EF/s by the end of 2025.

In June 2023 they announced a purchase agreement with MircoBT for an order of 33,280 Bitcoin miners for its Corsicana Facility. Full deployment is expected by mid-2024 and will result in an expect mining hash rate of 20.2 EH/s for that facility alone.

Where Does Riot Get Its Bitcoin?

The company accrues Bitcoin through its extensive mining operations. One of which is Operation Whinstone US, located in Rockdale, Texas. This is currently North America’s largest Bitcoin mining facility by mining capacity.

Who Owns Riot Platforms?

Jason Les is Riot’s CEO. He’s been involved with Bitcoin since 2013 studying protocol development, working on open-source projects, and Bitcoin mining.

Jeff McGonegal is the CFO. Jeff became a Certified Public Accountant in 1975 and has been in the accounting business since then.

Benjamin Yi is the Executive Chairman. He specializes in corporate strategy, development, and governance.

William Jackman is the General Counsel of Riot Platforms and deals primarily with the legal side of things.

Chad Harris is the Chief Commercial Officer of Riot. With his experience in customer retention, acquisition, and negotiations, he helps businesses achieve success.

Does Riot Platforms Only Mine Bitcoin?

Yes, Riot’s vision is to be the world’s leading Bitcoin-driven infrastructure platform.

Does Riot Own or Mine Ethereum and Other Cryptocurrencies?

No, Riot’s primary interest is Bitcoin and Bitcoin mining.

Totals by Category

Category # of BTC Value Today % of 21m
ETFs 1,085,010 $67,903,764,777 5.167%
Countries 529,365 $33,129,521,058 2.521%
Public Companies 356,166 $22,290,122,849 1.696%
Private Companies 359,638 $22,507,431,675 1.713%
BTC Mining Companies 73,419 $4,594,845,957 0.35%
Defi 155,986 $9,762,156,070 0.743%

Learn More About Other Entities Owning Bitcoin

Entity Country # of BTC Value Today
country flag 357,550.2 $ 22,376,757,243
country flag 244,800 $ 15,320,450,592
country flag 221,803.1 $ 13,881,223,180
country flag 175,864.6 $ 11,006,229,228
country flag 75,354 $ 4,715,920,073
country flag 45,706.6 $ 2,860,480,829
country flag 37,975.5 $ 2,376,641,223
country flag 25,945 $ 1,623,729,945
country flag 11,030.0 $ 690,296,446
country flag 10,019 $ 627,024,487
country flag 9,720 $ 608,312,008
country flag 9,109 $ 570,073,465
country flag 9,000 $ 563,251,860
country flag 8,780.8 $ 549,533,548
country flag 8,211 $ 513,873,446
country flag 8,100 $ 506,926,674
country flag 7,282.2 $ 455,745,854
country flag 6,900.9 $ 431,882,751
country flag 5,748.8 $ 359,780,254
country flag 3,705.5 $ 231,903,307
country flag 1,012 $ 63,334,542
country flag 626 $ 39,177,296
country flag 148 $ 9,262,363

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