Riot Platforms (RIOT) reported sturdy operational efficiency in March 2025, highlighted by continued enlargement into the substitute intelligence (AI) and high-performance computing (HPC) sector.
The corporate’s bitcoin (BTC) manufacturing final month rose to 533 BTC, essentially the most for the reason that reward halving virtually 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” growth of its Corsicana facility to capitalize on rising demand for compute infrastructure utilized in AI and HPC.
A lately accomplished feasibility examine by business marketing consultant Altman Solon confirmed the numerous potential of the location to help as much as 600 megawatts of extra capability for AI/HPC purposes. Key benefits embody 1.0 gigawatt of secured energy, 400 MW of which is already operational, 265 acres of land with substantial growth potential and shut proximity to Dallas — a serious hub for AI and cloud computing.
The examine famous the location’s capacity to help each inference and cloud-based workloads, strengthening its attraction to AI/HPC tenants.
Riot maintained a gentle deployed hash fee of 33.7 EH/s, whereas its common working hash fee grew 3% month-over-month to 30.3 EH/s—representing a 254% improve year-over-year. Though energy credit declined attributable to seasonal elements, Riot saved its all-in energy value 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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