Riot Platforms (RIOT) reported a strong operational performance in March 2025, highlighted by continued expansion to the Artificial Intelligence (AI) and High-Performance Computing (HPC) sector.
The company’s Bitcoin (BTC) production increased last month to 533 BTC, most since the reward that halved almost a year ago. The figure represents an increase of month to month of 13% and 25% more than a year before. Bitcoin Holdings grew to 19,223 BTC.
Riot said it plans to “aggressively pursue” the development of its Corsicana facility to utilize the rising demand for calculated infrastructure used in AI and HPC.
A recently completed opportunity survey of industry consultant Altman Solon confirmed the significant on site potential to support up to 600 megawatts additional capacity for AI/HPC applications. The main benefits include 1.0 gigawatts secured power, of which 400 MW is already operational, 265 hectares of land with a significant development potential and proximity to Dallas – a large hub for AI and Cloud Computing.
The study noted the ability of the place to support both inference and cloud-based workload and strengthen its appeal to AI/HPC tenants.
Riot maintained a stable inserted hash rate of 33.7 EH/S, while its average operating hash rate grew 3% month-over-month to 30.3 EH/S-DER represents an increase of 254% year over year. Although electricity credits fell due to seasonal factors, Riot kept his all-in-flow cost low at 3.8 cents per year. KWh and improved fleet efficiency to 21.0 J/TH, an improvement of 22% from the previous year.
Riot’s shares fell 5.5% on Friday, while the NASDAQ 100 index fell 2.8%. They have lost 35% years to date.
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