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Recent Updates — RIOT

August 14, 2026View Source ↗

Riot Platforms, Inc. subsidiary Riot DC Logistics entered a credit agreement for a senior secured delayed-draw term loan facility up to $573.0 million on August 10, 2026. Proceeds will fund long-lead equipment and expenses for the 191 MW data center project at its Rockdale Facility. The facility matures December 31, 2026, with interest at SOFR plus 2.75% or Base Rate plus 1.75%. Obligations are secured by Credit Parties' assets and guaranteed by affiliates, with no recourse to the parent company beyond customary exceptions. Riot Platforms operates in the cryptocurrency mining and digital infrastructure industry.

August 10, 2026View Source ↗

Riot Platforms reported Q2 2026 total revenue of $174.2 million, a 14% year-over-year increase, driven by its new data center segment which generated $23.2 million in revenue following the delivery of 25 MW to AMD. The company executed a landmark 20-year lease with a leading frontier AI lab for 191 MW of critical IT capacity at its Rockdale campus, expected to generate approximately $9.1 billion in initial contract revenue and up to $16.1 billion if extension options are exercised. Riot also secured interim financing from Morgan Stanley for the project and maintains over $1.2 billion in liquid assets. The company operates digital infrastructure and Bitcoin mining facilities.

June 15, 2026View Source ↗

At the 2026 Annual General Meeting of Stockholders, Riot Platforms, Inc. stockholders approved the Seventh Amendment to the 2019 Equity Incentive Plan, which increases the number of shares reserved for issuance under the plan to an additional 15,000,000 shares. The meeting also elected elected Lance D'Ambrosio and Michael Turner as Class II Directors. Riot Platforms, Inc. operates in the digital asset mining industry and provides cryptocurrency mining services.