Riot Platforms Inc
F:AP4N

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Riot Platforms Inc
F:AP4N
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Price: 10.398 EUR -6.27% Market Closed
Market Cap: 3.2B EUR
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Riot Platforms Inc
Investor Relations

Riot Platforms Inc. has carved out its niche within the fast-paced cryptocurrency market, positioning itself as a major player in Bitcoin mining. Unlike the conventional image of a tech company, Riot Platforms operates at the intersection of cutting-edge technology and old-school resource management. Located primarily in the energy-abundant regions of Texas, the company capitalizes on strategic partnerships and their ability to secure low-cost power agreements, which is crucial in a business where electricity consumption is one of the biggest operational expenses. Using an extensive fleet of advanced mining rigs, Riot effectively transforms electrical energy into digital currency, a process that is pivotal to supporting and validating the decentralized Bitcoin network.

The company’s profitability hinges on its ability to maintain operational efficiency and continuously upgrade its mining hardware to keep up with the increasingly complex algorithms used in Bitcoin mining. By mining Bitcoin, Riot generates revenue through accumulating and selling the cryptocurrency when market conditions are favorable. Additionally, amid the volatile swings of Bitcoin's price, Riot has adopted strategic treasury management practices to navigate market risks, ensuring liquidity and financial stability. Their multi-pronged approach, which includes infrastructure investments and carefully managing their balance of mined cryptocurrency, allows Riot Platforms to strive for growth and resilience in an industry known for its unpredictability.

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Management

Mr. Soo Li Yi
Executive Chairman
No Bio Available
Mr. Jason Les
CEO & Executive Director
No Bio Available
Mr. Colin M. Yee
Executive VP & CFO
No Bio Available
Mr. William Richard Jackman Esq.
Executive VP, General Counsel & Corporate Secretary
No Bio Available
Mr. Jason Chung
Executive VP and Head of Corporate Development & Strategy
No Bio Available
Mr. Stephen Howell
Chief Operating Officer
No Bio Available
Mr. Ryan Werner
Senior VP & Chief Accounting Officer
No Bio Available
Ms. Maureen Chu
VP of Associate General Counsel, M&A and Corporate Finance
No Bio Available
Mr. Philip James McPherson
VP of Capital Markets & Investor Relations
No Bio Available
Ms. Emma Norris
Vice President of Human Resources
No Bio Available

Contacts

Address
COLORADO
Castle Rock
3855 Ambrosia Street, Suite 301
Contacts