Riot Platforms (Riot) reported a strong operational performance in March 2025, highlighted by continuous expansion in the artificial intelligence (AI) and high performance computing sector (HPC).
Bitcoin’s production (BTC) of the company last month increased to 533 BTC, the greatest amount from the reward to half almost a year ago. The figure represents an increase from month to month of 13% and 25% more than a year earlier. Bitcoin Holdings grew to 19,223 BTC.
Riot said that he “persecute aggressively” the development of its installation of Corsicana to capitalize on the increasing demand for calculation infrastructure used in AI and HPC.
A recently completed viability study by the Altman Solon industry consultant confirmed the significant potential of the site to support up to 600 megawatts of additional capacity for AI/HPC applications. The key advantages include 1.0 Gigawatts of insured power, 400 MW of which are already operational, 265 land acres with substantial development potential and proximity to Dallas, an important center for AI and cloud computing.
The study pointed out the site capacity to support both inference and cloud -based work loads, strengthening its appeal for AI/HPC tenants.
Riot maintained a constant display rate of 33.7 EH/s, while its average operational rate increased 3% month to 30.3 EH/s, representing an increase of 254% year after year. Although electrical credits decreased due to seasonal factors, Riot maintained its power cost with a low cost of 3.8 cents per kWh, and improved fleet efficiency to 21.0 J/th, an improvement of 22% of the previous year.
Riot’s shares fell 5.5% on Friday, while the Nasdaq 100 index fell 2.8%. They have lost 35% in the year they will be held.
Discharge of responsibility: This article was generated with artificial intelligence tools and reviewed by our editorial team to guarantee the precision and compliance with our standards. For more information, see Coindesk’s complete policy. This article may include information from external sources, which are listed below when appropriate.