Riot Platforms (Riot) reported strong operational performance in March 2025. This is highlighted by its continued expansion into the Artificial Intelligence (AI) and High Performance Computing (HPC) sectors.
The company’s Bitcoin (BTC) production rose to 533 BTC last month. This figure represents a monthly increase of 13% and 25% from a year ago. Bitcoin Holdings has grown to 19,223 BTC.
Riot said it plans to “actively pursue” the development of its Corsicana facility to take advantage of the increased demand for computing infrastructure used by AI and HPC.
A recently completed feasibility study by industry consultant Altman Solon has confirmed the important potential of sites supporting additional capacity of up to 600 megawatts of AI/HPC applications. The main benefits include 1.0 gigawatts of safe power. That 400 MW is already working. The 265 acres of land are proximate to Dallas, with substantial development potential. It is a major hub for AI and cloud computing.
This study focused on the site’s ability to support both inference and cloud-based workloads, enhancing its appeal to AI/HPC tenants.
Riot maintained a stable unfolding hashrate of 33.7 EH/s, but its average operating hashrate increased by 3% over the month to 30.3 EH/s. Power credits have been reduced due to seasonal factors, but Riot has kept all-in-power costs low at 3.8 cents per kWh and improved fleet efficiency to 21.0 j/TH, improving 22% from the previous year.
Riot shares fell 5.5% on Friday, while the Nasdaq 100 index fell 2.8%. They lost 35% since the start of the year.
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