Why Riot Platforms (RIOT) Is Up 8.2% After Record Bitcoin Sales To Fund AI Data Centers
-
In late 2025, Riot Platforms reported producing 460 Bitcoin in December while selling 1,818 Bitcoin for US$161.6 million, alongside completing over US$600.53 million of follow-on equity offerings and announcing Jason Chung as its incoming Chief Financial Officer from March 2026.
-
These moves mark a clear shift away from a pure Bitcoin-hoarding model toward using coin sales and fresh equity to fund an AI-focused data center build-out and broader digital infrastructure ambitions.
-
We’ll now examine how Riot’s record Bitcoin liquidations to support its AI data center expansion affect the company’s existing investment narrative.
The latest GPUs need a type of rare earth metal called Terbium and there are only 39 companies in the world exploring or producing it. Find the list for free.
Riot Platforms Investment Narrative Recap
To own Riot Platforms today, you need to believe it can turn its large power footprint and mining know-how into a viable AI and high performance computing data center business, while still managing the volatility of Bitcoin mining. The record Bitcoin sales and more than US$600.53 million in equity raised strengthen near term funding for the Corsicana build, but they also sharpen the current key risk around heavy capital spending without matching data center revenues.
The most relevant update here is Riot’s December disclosure that it will stop monthly production reports and move to broader quarterly updates focused on data center progress. That communication shift reinforces the idea that, for now, the main catalyst is execution on AI focused infrastructure rather than incremental changes in monthly Bitcoin output or holdings.
Yet investors should also be aware that heavy, ongoing capital expenditure without securing tenants could leave Riot with underutilized power capacity and ...
Read the full narrative on Riot Platforms (it's free!)
Riot Platforms' narrative projects $992.8 million revenue and $125.7 million earnings by 2028. This requires 22.4% yearly revenue growth and a $220.5 million earnings increase from -$94.8 million today.
Uncover how Riot Platforms' forecasts yield a $26.44 fair value, a 73% upside to its current price.
Exploring Other Perspectives
Five Simply Wall St Community fair value estimates for Riot span roughly US$17.19 to US$26.44, showing how differently individual investors see upside and risk. You will want to weigh that spread against the possibility that large Bitcoin sales and equity issuance increase exposure to the risk of underutilized data center capacity and pressured returns on recent investment.
Content Original Link:
" target="_blank">
