Riot Platforms (RIOT) reported robust operational efficiency in March 2025, highlighted by continued growth 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 for the reason that reward halving nearly a yr in the past. The determine represents a month-on-month improve of 13% and 25% greater than a yr 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 business guide Altman Solon confirmed the numerous potential of the location to assist as much as 600 megawatts of further capability for AI/HPC functions. 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 serious hub for AI and cloud computing.
The research famous the location’s skill to assist each inference and cloud-based workloads, strengthening its enchantment to AI/HPC tenants.
Riot maintained a gradual deployed hash charge of 33.7 EH/s, whereas its common working hash charge grew 3% month-over-month to 30.3 EH/s—representing a 254% improve year-over-year. Though energy credit declined on account of seasonal elements, Riot stored its all-in energy price low at 3.8 cents per kWh, and improved fleet effectivity to 21.0 J/TH, a 22% enchancment from the earlier yr.
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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