Riot Platforms announces its November 2025 bitcoin production metrics, including production, sales, and operational efficiency statistics.
Quiver AI Summary
Riot Platforms, Inc. has released its unaudited production and operations updates for November 2025, indicating a slight decrease in bitcoin production compared to the previous month and a year-over-year decline. The company produced 428 bitcoins in November, down 2% from October and 14% from the same month last year. Despite this, Riot's total bitcoin holdings saw a substantial increase of 70% year-over-year, reaching 19,368 bitcoins. The average daily bitcoin production rose slightly, while the average net price per bitcoin sold decreased by 16%. The company maintained its total deployed hash rate and reported a 6% increase in total power credits. Riot is actively recruiting to fill various positions, emphasizing its growth in the bitcoin mining sector and data center development.
Potential Positives
- Riot Platforms reported a 70% year-over-year increase in Bitcoin held, demonstrating strong asset accumulation.
- The company achieved a 19% increase in deployed hash rate compared to November 2024, indicating expansion and improved mining capabilities.
- Total power credits reported an increase of 76% year-over-year, showcasing enhanced efficiency in energy use.
- Riot is actively recruiting for positions across the company, signaling growth and expansion plans in the workforce.
Potential Negatives
- Bitcoin production decreased by 2% month-over-month and 14% year-over-year, indicating potential operational challenges.
- Net proceeds from bitcoin sales dropped by 20% compared to the previous month, suggesting reduced revenue generation.
- Average net price per bitcoin sold decreased by 16%, reflecting unfavorable market conditions for the company's product.
FAQ
What were Riot's Bitcoin production figures for November 2025?
Riot produced 428 Bitcoins in November 2025, reflecting a 2% decrease month-over-month and a 14% decrease year-over-year.
How much Bitcoin did Riot hold at the end of November 2025?
At the end of November 2025, Riot held 19,368 Bitcoins, an increase of 70% year-over-year.
What is the average Bitcoin price Riot sold in November 2025?
The average net price per Bitcoin sold by Riot in November 2025 was $96,560, down 16% from the previous month.
What is Riot Platforms' commitment to digital infrastructure?
Riot aims to be the world's most trusted platform for powering and building digital infrastructure through innovative solutions.
Where can I find job openings at Riot Platforms?
Open positions at Riot Platforms can be found on their careers page at https://www.riotplatforms.com/careers.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RIOT Insider Trading Activity
$RIOT insiders have traded $RIOT stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $RIOT stock by insiders over the last 6 months:
- JASON LES (CEO) has made 0 purchases and 4 sales selling 250,000 shares for an estimated $4,517,488.
- WILLIAM RICHARD JACKMAN (EVP, GENERAL COUNSEL) sold 248,168 shares for an estimated $3,916,091
- RYAN D. WERNER (SVP, CAO) has made 0 purchases and 2 sales selling 18,731 shares for an estimated $389,146.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RIOT Revenue
$RIOT had revenues of $180.2M in Q3 2025. This is an increase of 112.57% from the same period in the prior year.
You can track RIOT financials on Quiver Quantitative's RIOT stock page.
$RIOT Hedge Fund Activity
We have seen 239 institutional investors add shares of $RIOT stock to their portfolio, and 204 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 15,893,094 shares (+350.2%) to their portfolio in Q3 2025, for an estimated $302,445,578
- JANE STREET GROUP, LLC added 7,950,974 shares (+496.4%) to their portfolio in Q3 2025, for an estimated $151,307,035
- GOLDMAN SACHS GROUP INC added 4,958,863 shares (+209.4%) to their portfolio in Q3 2025, for an estimated $94,367,162
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 4,255,204 shares (+inf%) to their portfolio in Q3 2025, for an estimated $80,976,532
- STARBOARD VALUE LP added 4,141,100 shares (+88.5%) to their portfolio in Q3 2025, for an estimated $78,805,133
- VOLORIDGE INVESTMENT MANAGEMENT, LLC added 3,907,544 shares (+inf%) to their portfolio in Q3 2025, for an estimated $74,360,562
- TWO SIGMA ADVISERS, LP added 3,782,100 shares (+3042.7%) to their portfolio in Q3 2025, for an estimated $71,973,363
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$RIOT Analyst Ratings
Wall Street analysts have issued reports on $RIOT in the last several months. We have seen 11 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Overweight" rating on 11/25/2025
- Citizens issued a "Market Outperform" rating on 11/19/2025
- Bernstein issued a "Outperform" rating on 11/03/2025
- Needham issued a "Buy" rating on 10/31/2025
- Piper Sandler issued a "Overweight" rating on 10/31/2025
- Macquarie issued a "Outperform" rating on 10/22/2025
- Cantor Fitzgerald issued a "Overweight" rating on 10/06/2025
To track analyst ratings and price targets for $RIOT, check out Quiver Quantitative's $RIOT forecast page.
$RIOT Price Targets
Multiple analysts have issued price targets for $RIOT recently. We have seen 12 analysts offer price targets for $RIOT in the last 6 months, with a median target of $25.5.
Here are some recent targets:
- Reginald Smith from JP Morgan set a target price of $20.0 on 11/25/2025
- Greg Miller from Citizens set a target price of $25.0 on 11/19/2025
- Brett Knoblauch from Cantor Fitzgerald set a target price of $25.0 on 11/05/2025
- Gautam Chhugani from Bernstein set a target price of $25.0 on 11/03/2025
- Patrick Moley from Piper Sandler set a target price of $26.0 on 10/31/2025
- John Todaro from Needham set a target price of $28.0 on 10/31/2025
- Paul Golding from Macquarie set a target price of $30.0 on 10/22/2025
Full Release
CASTLE ROCK, Colo., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers and bitcoin mining applications, announces unaudited production and operations updates for November 2025.
| Bitcoin Production and Operations Updates for November 2025 | ||||||||||
| Comparison (%) | ||||||||||
| Metric | November 2025 1 | October 2025 1 | November 2024 1 | Month/Month | Year/Year | |||||
| Bitcoin Produced |
428
|
437 | 495 | -2% | -14% | |||||
| Average Bitcoin Produced per Day |
14.3
|
14.1 | 16.5 | 1 % | -14% | |||||
| Bitcoin Held 2 |
19,368
3
|
19,324 | 11,425 | 0 % | 70 % | |||||
| Bitcoin Sold |
383
|
400 | - | -4% | N/A | |||||
| Bitcoin Sales - Net Proceeds | $37.0 million | $46.0 million | - | -20% | N/A | |||||
| Average Net Price per Bitcoin Sold |
$
96,560
|
$114,970 | N/A | -16% | N/A | |||||
| Deployed Hash Rate - Total 2 | 36.6 E+H/s | 36.6 E+H/s | 30.8 E+H/s | 0 % | 19 % | |||||
| Avg. Operating Hash Rate - Total 4 | 34.6 E+H/s | 33.2 E+H/s | 25.8 E+H/s | 4 % | 34 % | |||||
| Power Credits 5 | $1.0 million | $1.1 million | $0.9 million | -8% | 18 % | |||||
| Demand Response Credits 6 | $1.3 million | $1.0 million | $0.4 million | 22 % | 191 % | |||||
| Total Power Credits | $2.3 million | $2.1 million | $1.3 million | 6 % | 76 % | |||||
| All-in Power Cost - Total 7 | 4.0c/kWh | 4.0c/kWh | 3.8c/kWh | 0 % | 3 % | |||||
| Fleet Efficiency 2 | 20.5 J/TH | 20.5 J/TH | 22.3 J/TH | 0 % | -8% | |||||
- Unaudited, estimated.
- As of month-end.
- Includes 3,977 in restricted bitcoin.
- Average over the month.
- Estimated power curtailment credits.
- Estimated credits received from participation in ERCOT and MISO demand response programs.
-
Estimated. Inclusive of all transmission and distribution charges, fees, adders, and taxes. Net of Total Power Credits.
Investor Events
-
B. Riley Securities Convergence Conference: AI, Blockchain & Energy in NYC
Thursday, December 4 th
Human Resources Update
Riot is currently recruiting for positions across the Company. Join our team in building, expanding, and securing the Bitcoin network.
Open positions are available at:
https://www.riotplatforms.com/careers
.
About Riot Platforms, Inc.
Riot’s (NASDAQ: RIOT) vision is to be the world’s most trusted platform for powering and building digital infrastructure.
Riot’s mission is to empower the future of digital infrastructure by positively impacting the sectors, networks, and communities that we touch. We believe that the combination of an innovative spirit and strong community partnership allows the Company to achieve best-in-class execution and create successful outcomes.
Riot is a Bitcoin-driven industry leader in the development of large-scale data centers and bitcoin mining applications. The Company’s vertically integrated strategy spans Bitcoin mining, engineering, and the development of large-scale data center projects designed to support the growing demand for high-density computing. Riot currently operates Bitcoin mining facilities in central Texas and Kentucky, with engineering and fabrication capabilities in Denver and Houston. The Company is now expanding into data center development, strengthening its position as a foundational builder in the digital economy.
Safe Harbor
Statements in this press release that are not historical facts are forward-looking statements that reflect management’s current expectations, assumptions, and estimates of future performance and economic conditions. Such statements rely on the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “anticipates,” “believes,” “plans,” “expects,” “intends,” “will,” “potential,” “hope,” similar expressions and their negatives are intended to identify forward-looking statements. These forward-looking statements may include, but are not limited to, statements relating to the Company’s plans to develop data centers, projections, objectives, expectations, and intentions about future events. short-term and long-term business operations and objectives and financial needs. These forward-looking statements based on management’s current expectations about future events as of the date hereof and involve risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. Detailed information regarding the factors identified by the Company’s management which they believe may cause actual results to differ materially from those expressed or implied by such forward-looking statements in this press release may be found in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including the risks, uncertainties and other factors discussed under the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and the other filings the Company makes with the SEC, copies of which may be obtained from the SEC’s website,
www.sec.gov
. All forward-looking statements included in this press release are made only as of the date of this press release, and the Company disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that subsequently occur, or of which the Company hereafter becomes aware, except as required by law. Persons reading this press release are cautioned not to place undue reliance on such forward-looking statements.
Investor Contact:
Phil McPherson / Joshua Kane
303-794-2000 ext. 110
[email protected]
Media Contact:
Becca Rincon
303-794-2000 ext. 118
[email protected]