Last reviewed
2026-06-21
Mining data is a dated snapshot. Hashrate and energy figures are approximate.
BTC MiningNasdaq Global Select MarketRIOT
Riot Platforms
7.0/10Overall score = 8.0*25% + 6.5*20% + 7.0*15% + 7.0*15% + 5.0*10% + 7.5*15% = 7.025. Weights: hashrate 25%, energy 20%, BTC held 15%, revenue 15%, dilution 10%, management 15%.
Key Metrics
Hashrate
42.5 EH/s
Global Major (>30 EH/s)
BTC Held
₿15,679
₿0.00004150/share
Market Cap
$10.63B
Nasdaq Global Select Market
Share Price
$28.07
Nasdaq Global Select Market
Revenue TTM
$700.0M
Trailing twelve months
Renewable Energy
64%
Mixed Energy
Grid Energy
36%
Non-renewable mix
Overall Score
7.0/10
Composite rating
Last reviewed
2026-06-21
Manual review date
Score Breakdown
Methodology: Overall score = 8.0*25% + 6.5*20% + 7.0*15% + 7.0*15% + 5.0*10% + 7.5*15% = 7.025. Weights: hashrate 25%, energy 20%, BTC held 15%, revenue 15%, dilution 10%, management 15%.
View full scoring methodology →SCORE FINGERPRINT · 6 FACTORS
The score as a shape.
Each spoke is one of the six sub-factors behind RIOT's 7.0/10, plotted 0–10 and ordered by methodology weight. The filled shape is the company's profile. Two miners can share an overall score and still have opposite shapes — a balanced hexagon is a different bet than a spike on one axis with thin edges everywhere else. RIOT is strongest on hashrate & scale (8/10) and thinnest on dilution (5/10).
RIOT profileStrong tier (8–10)Factor ≥ 7Factor < 5
Each axis is a 0–10 sub-score from the Pledge mining methodology; spokes ordered by factor weight (w%). Dashed ring = the 8–10 strong tier. The weighted composite is 7.0/10. Scores are a dated editorial assessment, not investment advice.
Hashrate & Scale
Total Hashrate
42.5 EH/s
Tier
Global Major (>30 EH/s)
Self-Mined BTC (TTM)
₿6,000
Share Price
$28.07
Shares Outstanding
378,150,000
Energy & Sustainability
64% RenewableMixed Energy36% grid mix
solar 28%
wind 22%
hydro 14%
grid mix 36%
BTC Treasury
Total BTC Held
₿15,679
BTC per Share
₿0.00004150
BTC Holdings Score
7.0/10
Financial Health
Market Cap
$10.63B
Revenue (TTM)
$700.0M
Total Debt
$980.0M
Share Price
$28.07
Shares Outstanding
378,150,000
Revenue Score
7.0/10
LEVERAGE1.4xdebt ÷ revenue (TTM)
BTC CUSHION1.68xcoin value ÷ debt · illustrative spot
Debt is not an explicit factor in the composite score; these ratios surface the leverage and bitcoin-cushion read directly. BTC cushion uses an illustrative spot, not a live quote.
Dilution & Equity Structure
Total Debt
$980.0M
Dilution Score
5.0/10
Riot has utilized ATM equity programs to fund expansion; shares outstanding have grown materially through 2024–2025 equity offerings.
Highlights
- +Operates approximately 42.5 EH/s deployed hashrate (+26% YoY) as of Q1 2026 — among the highest of any publicly listed pure-play miner, though now behind MARA.
- +Holds 15,679 BTC on its balance sheet, one of the largest BTC treasuries among mining peers.
- +64% renewable energy mix, with major solar and wind installations in Texas.
- +Q1 2026 revenue of ~$167M; sold 3,778 BTC for ~$289.5M during the quarter to fund a data-center/AI buildout (incl. an AMD lease).
- +Management has demonstrated operational excellence across multiple BTC market cycles.
Considerations
- !Share count has grown significantly due to repeated ATM equity offerings, creating dilution for existing holders.
- !Debt of ~$980M is notable relative to current earnings before interest, taxes, depreciation, and amortization (EBITDA).
- !Texas concentration — grid-mix power costs are exposed to ERCOT energy price volatility.
- !Energy infrastructure build-out requires continued capital spending.
- !Revenue is highly dependent on BTC price; TTM figures include significant revenue that would be lower in bear markets.
Best For
Investors prioritizing hash rate scale, renewable energy mix, and BTC balance sheet among pure-play public mining equities.
Evidence
Why trust this view
Verification
Sources
4 cited
Each data point is traced back to a named source listed below.
How we score
Mining methodology
Open the scoring rules before relying on a ranking.
Boundary
Not investment advice
Pledge provides comparison data for educational purposes only.
Sources
verifiedSEC Filing
Riot Q1 2026 results (8-K)
Official Q1 2026 disclosure reports 42.5 EH/s deployed hashrate (+26% YoY), 15,679 BTC held, the sale of 3,778 BTC for ~$289.5M, and the data-center/AI pivot as of March 31, 2026.
https://www.sec.gov/Archives/edgar/data/0001167419/000110465926052943/riot-20260430xex99d1.htm ↗verifiedSEC Filing
Riot 2025 Form 10-K
Annual report discloses debt, equity programs, energy mix, revenue, hashrate, and operational metrics for the fiscal year ending December 31, 2025.
https://www.sec.gov/Archives/edgar/data/0001813435/000181343526000018/riot-20251231.htm ↗partialMarket Data
StockAnalysis RIOT statistics
Market data snapshot used for share price, shares outstanding, market capitalization, and valuation metrics; treated as partial due to potential delay.
https://stockanalysis.com/stocks/riot/statistics/ ↗partialResearch
CoinGecko RIOT BTC treasury
Research treasury profile tracks RIOT BTC holdings, BTC per share, estimated market value, ticker, and company details.
https://www.coingecko.com/en/treasuries/riot-platforms ↗Notes
Hashrate (42.5 EH/s deployed) and BTC holdings (15,679) from Riot Q1 2026 disclosures (period ending March 31, 2026). Riot is selling BTC and reducing mining emphasis as it pivots to AI/HPC data centers. selfMinedBtcTtm is an approximation. Market data (share price ~$28.07, ~378.2M shares) from June 2026 snapshots and delayed/estimated. Not investment advice.
Not investment advice. Pledge provides comparison data for educational purposes only. This snapshot was checked 2026-06-21. Past performance does not guarantee future results.
Affiliate disclosure. Pledge currently does not earn affiliate or referral fees from any product listed on this page. If that changes, monetized links will carry a clear ↗ AFFILIATE marker.
Mining metrics. Hashrate, energy mix, and BTC treasury figures are based on reported data and may not reflect current holdings or operational status.
Other BTC Mining Stocks
Also Compare
Not investment advice. Pledge provides comparison data for educational purposes only; it is not financial, investment, legal, or tax advice. Listed rates, terms, and scores can change and Pledge does not guarantee future availability, pricing, approval, or outcomes. Verify current terms with official sources before acting.
Affiliate disclosure. Pledge currently has no affiliate links, referral fees, or sponsored placements. If a paid relationship is ever added, it will be disclosed inline where it appears — and it will not affect rankings or scores.