Riot Platforms reports December 2025 bitcoin production, announcing a shift to quarterly updates on operations and performance.
Quiver AI Summary
Riot Platforms, Inc. has released its unaudited production and operations updates for December 2025, highlighting a production of 460 BTC, which is an 8% increase from November but an 11% decrease year-over-year. The average daily bitcoin production was 14.8 BTC, also down by 11% from a year ago. The company held 218,005 BTC and reported a significant rise in net proceeds from bitcoin sales, totaling $161.6 million, despite a decrease in the average net price per bitcoin sold. The company announced it will shift from monthly to quarterly updates for production and operational metrics to align with its business strategy. Riot is also actively recruiting for various positions to support its expansion in bitcoin mining and data center development.
Potential Positives
- Riot Platforms reported a significant increase in Bitcoin production in December 2025, producing 460 BTC compared to 428 BTC in November 2025, demonstrating improved operational efficiency.
- The Company achieved record net proceeds from Bitcoin sales, reporting $161.6 million in December 2025, a substantial increase compared to $37 million in November 2025.
- Riot showcased a notable growth in total deployed hash rate, reaching 238.5 E+H/s, which reflects the Company's ability to enhance its mining capacity substantially compared to previous months.
- The announcement of transitioning to quarterly production and operations updates indicates a commitment to provide more strategic and comprehensive insights into overall business performance, aligning with long-term objectives.
Potential Negatives
- Significant decrease in Bitcoin production in December 2025 compared to both November 2025 (-11%) and December 2024 (-20%), which may raise concerns about operational efficiency.
- Massive drop in Bitcoin sold, with a 375% decrease compared to November 2025, indicating potential issues with liquidity or market demand.
- Quarterly production updates going forward might lead to a lack of transparency for investors regarding the company's operational performance on a month-to-month basis.
FAQ
What are the Bitcoin production figures for December 2025?
In December 2025, Riot produced 460 Bitcoin, representing a 68% increase compared to November 2025.
How much Bitcoin did Riot sell in December 2025?
Riot sold 1,818 Bitcoin in December 2025, a decrease of 375% compared to November 2025.
What is Riot's average net price per Bitcoin sold?
The average net price per Bitcoin sold by Riot in December 2025 was $88,870.
When will Riot Platforms provide production updates in the future?
Riot will transition to quarterly updates focusing on overall business performance and data center strategy.
How can I apply for a job at Riot Platforms?
Interested candidates can apply for open positions at Riot Platforms through their careers page: 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 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 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) sold 14,984 shares for an estimated $344,632
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 232 institutional investors add shares of $RIOT stock to their portfolio, and 158 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:
- Citigroup issued a "Buy" rating on 12/22/2025
- 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
- Piper Sandler issued a "Overweight" rating on 10/31/2025
- Needham issued a "Buy" rating on 10/31/2025
- Macquarie issued a "Outperform" rating on 10/22/2025
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:
- Peter Christiansen from Citigroup set a target price of $23.0 on 12/22/2025
- 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
- John Todaro from Needham set a target price of $28.0 on 10/31/2025
- Patrick Moley from Piper Sandler set a target price of $26.0 on 10/31/2025
Full Release
CASTLE ROCK, Colo., Jan. 06, 2026 (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 December 2025.
Bitcoin Production and Operations Updates for December 2025
| Comparison (%) | ||||||
| Metric | December 2025 1 | November 2025 1 | December 2024 1 | Month/Month | Year/Year | |
| Bitcoin Produced | 460 | 428 | 516 | 8 % | -11% | |
| Average Bitcoin Produced per Day | 14.8 | 14.3 | 16.6 | 4 % | -11% | |
| Bitcoin Held 2 | 18,005 3 | 19,368 3 | 17,722 | -7% | 2 % | |
| Bitcoin Sold | 1,818 | 383 | - | 375 % | N/A | |
| Bitcoin Sales - Net Proceeds | $161.6 million | $37.0 million | - | 337 % | N/A | |
| Average Net Price per Bitcoin Sold | $ 88,870 | $ 96,560 | N/A | -8% | N/A | |
| Deployed Hash Rate - Total 2 | 38.5 E+H/s | 36.6 E+H/s | 31.5 E+H/s | 5 % | 22 % | |
| Avg. Operating Hash Rate - Total 4 | 34.9 E+H/s | 34.6 E+H/s | 27.4 E+H/s | 1 % | 27 % | |
| Power Credits 5 | $4.9 million | $1.0 million | $0.8 million | 381 % | 549 % | |
| Demand Response Credits 6 | $1.3 million | $1.3 million | $0.8 million | 2 % | 64 % | |
| Total Power Credits | $6.2 million | $2.3 million | $1.5 million | 171 % | 301 % | |
| All-in Power Cost - Total 7 | 3.9c/kWh | 4.0c/kWh | 3.7c/kWh | -1% | 6 % | |
| Fleet Efficiency 2 | 20.2 J/TH | 20.5 J/TH | 21.9 J/TH | -1% | -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.
Riot also announces that this will be the final monthly production and operations update. Going forward, the Company will provide quarterly updates focused on overall business performance, data center strategy and progress, and bitcoin mining, aligning communications with Riot’s broader strategy and long-term objectives.
Investor Events
- Needham Growth Conference in NYC, Wednesday, January 14 th
- Morgan Stanley Energy & Power Conference in NYC, Monday, March 2 nd
-
Morgan Stanley Technology, Media & Telecom Conference in San Francisco, Thursday, March 5
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]