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How Much Bitcoin Does Riot Platforms Own?

Public Companies that Own Bitcoin

Entity Country Symbol:Exchange # of BTC Value Today % of 21m
MicroStrategy MSTR:NADQ 140,000 140000 0.667%
Voyager Digital LTD VOYG:TSX 12,260 12260 0.058%
Marathon Digital Holdings Inc MARA:NADQ 11,568 11568 0.055%
Tesla, Inc TSLA:NADQ 10,725 10725 0.051%
Hut 8 Mining Corp HUT:NASDAQ 9,265 9265 0.044%
Coinbase Global, Inc. COIN:NADQ 9,000 9000 0.043%
Galaxy Digital Holdings BRPHF:OTCMKTS 8,100 8100 0.039%
Block, Inc. SQ:NYSE 8,027 8027 0.038%
Riot Platforms, Inc. RIOT:NADQ 7,112 7112 0.034%

How Much Bitcoin Does Riot Own?

Riot Platforms, Inc. (NASDAQ: RIOT) is sitting on 7,112 Bitcoins as of May 3, 2023.

What Does Riot Platforms Do?

Riot is a leader in the world of Bitcoin mining. The company was originally called Bioptix, Inc, but changed its name to Riot Blockchain and became incorporated in 2000. They are based in Castle Rock, Colorado.

Their current Hashing Capacity is 10.5 EH/S as of April , 2023. Riot announced that it expects to increase to 12.5 EH/s in the second half of 2023.

In April 2022 they announced a new development they have started in Corsicana, TX. This new expansion has a power capacity of 1,000 MW with a potential Hashrate of 41 EH/S.

Where Does Riot Get Its Bitcoin?

The company accrues Bitcoin through its extensive mining operations. One of which is Operation Whinstone US, located in Rockdale, Texas. This is currently North America’s largest Bitcoin mining facility by mining capacity.

Who Owns Riot Platforms?

Jason Les is Riot’s CEO. He’s been involved with Bitcoin since 2013 studying protocol development, working on open-source projects, and Bitcoin mining.

Jeff McGonegal is the CFO. Jeff became a Certified Public Accountant in 1975 and has been in the accounting business since then.

Benjamin Yi is the Executive Chairman. He specializes in corporate strategy, development, and governance.

William Jackman is the General Counsel of Riot Platforms and deals primarily with the legal side of things.

Chad Harris is the Chief Commercial Officer of Riot. With his experience in customer retention, acquisition, and negotiations, he helps businesses achieve success.

Does Riot Platforms Only Mine Bitcoin?

Yes, Riot’s vision is to be the world’s leading Bitcoin-driven infrastructure platform.

Does Riot Own or Mine Ethereum and Other Cryptocurrencies?

No, Riot’s primary interest is Bitcoin and Bitcoin mining.

Total of Bitcoins Owned by Entities

Category # of BTC Value Today % of 21m
ETFs 819125 819125 3.901%
Countries 244779 244779 1.166%
Public Companies 232500 232500 1.107%
Private Companies 427381 427381 2.035%

Learn More About Other Entities Owning Bitcoin

Entity Country # of BTC Value Today
200,000 200000
2,381 2381
643,572 643572
7,112 7112
9,265 9265
53,000 53000
8,100 8100
9,000 9000
11,568 11568
8,027 8027
10,725 10725