Riot Platforms (RIOT) Reports Record Bitcoin Production in August 2025
Rebeca Moen
Sep 03, 2025 14:19
Riot Platforms reveals a 48% increase in Bitcoin production compared to August 2024, marking an all-time high for the month. The company also reports significant gains in power credits.
Riot Platforms, Inc. (NASDAQ: RIOT), a leader in Bitcoin mining and data center development, has announced its unaudited production and operations updates for August 2025, according to riotplatforms.com. The company produced 477 Bitcoin this August, marking a 48% increase compared to the same month last year, setting a new record for the month.
Production and Financial Highlights
Despite a slight 2% decrease in Bitcoin production from July 2025, Riot’s August output represents a significant year-over-year growth. The average daily Bitcoin production was recorded at 15.4, down marginally from July’s 15.6. The company held 19,309 Bitcoin by the end of August, a substantial 93% increase from August 2024.
Riot sold 450 Bitcoin in August, generating net proceeds of $51.8 million. The average net price per Bitcoin sold was approximately $115,035, showing stability in the selling price month-over-month.
Operational Efficiency and Power Strategy
The company’s deployed hash rate increased by 3% from July, reaching 36.4 exahashes per second (EH/s), which is a 56% rise from the previous year. Additionally, the average operating hash rate also saw a 4% increase to 31.4 EH/s, reflecting a 117% year-over-year improvement.
Riot’s power strategy continues to yield positive results, with total power credits amounting to $16.1 million, up 16% from July and 148% from August 2024. The all-in power cost was reported at 2.6 cents per kilowatt-hour, demonstrating the company’s effective power management practices.
Upcoming Investor Events and Company Outlook
Riot is set to participate in several investor events this September, including the Needham 5th Annual Virtual Crypto 1×1 Conference and the Citigroup 2025 Global TMT Conference in New York. These events will provide a platform for the company to engage with investors and discuss its strategic plans and growth prospects.
With ongoing recruitment efforts, Riot is expanding its team to further enhance its Bitcoin network capabilities. The company is actively seeking talent to join its ranks as it continues to innovate and expand its operations.
Riot Platforms remains committed to being a leading Bitcoin-driven infrastructure platform, focusing on efficiency and strategic growth to support the Bitcoin blockchain. The company is actively developing its power infrastructure to bolster large-scale mining operations across its facilities in Texas and Kentucky, with additional engineering and fabrication operations in Colorado and Houston.
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