Riot Platforms, Inc. (NASDAQ: RIOT), a leading vertically integrated Bitcoin mining company, has released its unaudited production and operational highlights for April 2025. The report provides comprehensive insights into Riot’s mining performance, strategic business shifts, financial efficiency, and future outlook—offering stakeholders a transparent look at the company’s ongoing evolution in the digital asset infrastructure space.
Bitcoin Production and Operational Highlights
In April 2025, Riot mined 463 Bitcoin, reflecting a month-over-month decrease of 13% from March’s 533 BTC. Despite the decline, year-over-year growth remains strong, with Bitcoin production up 23% compared to April 2024’s 375 BTC. On a daily average, the company produced 15.4 BTC, down from 17.2 BTC in March but significantly higher than the 12.5 BTC average from the same period last year.
👉 Discover how leading platforms are optimizing Bitcoin mining efficiency in 2025.
Hash Rate and Mining Efficiency
Riot maintained a total deployed hash rate of 33.7 EH/s, unchanged from March 2025, but representing a substantial 168% increase year-over-year. The average operating hash rate stood at 29.3 EH/s, slightly down from 30.3 EH/s in March, yet up 234% compared to April 2024.
The company continues to improve energy efficiency across its fleet, with a consistent fleet efficiency of 21.0 J/TH—a significant improvement from 27.0 J/TH in April 2024, marking a 22% reduction in energy consumption per terahash.
Power and Cost Management
Riot’s all-in power cost for April averaged 3.7 cents per kWh, a slight improvement from 3.8 cents in March and only marginally above April 2024’s 3.6 cents. This efficiency is supported by robust power credit programs.
Total power credits reached **$2.0 million** in April, up 131% from March’s $0.9 million:
- Power curtailment credits: $0.7 million (up 356% MoM)
- Demand response credits (ERCOT and MISO programs): $1.3 million (up 80% MoM)
These credits play a crucial role in offsetting operational costs and enhancing financial resilience during periods of network volatility.
Bitcoin Treasury and Sales Strategy
At the end of April 2025, Riot held 19,211 Bitcoin, including 1,900 restricted BTC—essentially unchanged from March but representing a 117% year-over-year increase in holdings.
Notably, Riot sold 475 Bitcoin during the month, generating $38.8 million in net proceeds** at an average price of **$81,731 per BTC. This marks a strategic shift in capital management.
Jason Les, CEO of Riot, explained:
“During the month of April, we made the strategic decision to sell our monthly production of bitcoin to fund ongoing growth and operations. We continuously evaluate the best funding sources considering a multitude of factors and prioritizing a strong balance sheet. These sales reduce the need for equity fundraising, limiting the amount of dilution in our stock.”
The company reaffirmed its long-term commitment to accumulating Bitcoin, stating it will continue to assess market conditions and use all available tools to sustainably finance its expansion.
Strategic Transition: Exiting the Hosting Business
A major milestone in April was the completion of Riot’s acquisition of all tangible assets from Rhodium at its Rockdale Facility in Texas. The deal included 125 MW of additional power capacity, significantly boosting Riot’s operational independence.
Importantly, this transaction also led to the mutual termination of all outstanding litigation and the end of Riot’s last third-party hosting agreement. As a result, Riot has fully exited the Bitcoin mining hosting business, consolidating its focus on proprietary mining operations.
This strategic pivot allows Riot to streamline operations, enhance security, and fully control its mining output—aligning with its vision of becoming a premier Bitcoin-driven infrastructure platform.
Upcoming Investor Engagement
Riot is actively engaging with investors and industry leaders through several high-profile events in May 2025:
- Texas Energy and Mining Summit – Austin, TX (May 6–7)
- Needham 20th Annual Technology Conference – Virtual (May 8–12)
- AIM Summit London – London, UK (May 19–20)
- B. Riley 25th Annual Investor Conference – Los Angeles, CA (May 21–22)
- Bitcoin 2025 – Las Vegas, NV (May 27–29)
These appearances underscore Riot’s leadership role in the Bitcoin mining sector and provide opportunities to discuss energy innovation, scalability, and long-term value creation.
Core Keywords
The article centers around the following core keywords:
- Bitcoin mining
- Hash rate
- Power efficiency
- Bitcoin production
- Mining operations
- Energy cost
- BTC treasury
- Vertical integration
These terms have been naturally integrated throughout the content to enhance SEO performance while maintaining readability and relevance.
Frequently Asked Questions (FAQ)
Q: Why did Riot sell its entire April 2025 Bitcoin production?
A: Riot sold its monthly production to fund ongoing growth and operations while minimizing equity dilution. This strategic move supports a stronger balance sheet and sustainable financing without relying on stock issuance.
Q: What does exiting the hosting business mean for Riot?
A: Exiting hosting allows Riot to fully focus on its own mining operations. It eliminates third-party dependencies, increases control over infrastructure, and supports long-term scalability and security.
Q: How does power credit generation impact Riot’s profitability?
A: Power credits from curtailment and demand response programs reduce net energy costs. In April, $2.0 million in credits directly lowered operating expenses, improving margins during high-volatility periods.
Q: Is Riot still committed to holding Bitcoin long-term?
A: Yes. While tactical sales may occur to fund operations, Riot maintains a strong conviction in Bitcoin’s future value and remains committed to its long-term treasury accumulation strategy.
Q: What improvements have been made in energy efficiency?
A: Riot’s fleet efficiency improved to 21.0 J/TH in April 2025, down from 27.0 J/TH in April 2024—a 22% gain. This reflects upgrades in mining hardware and operational optimization.
👉 Explore how next-gen mining platforms are redefining energy efficiency in cryptocurrency operations.
Looking Ahead
With full control over its Texas facilities, enhanced power capacity, and improved operational efficiency, Riot is well-positioned for scalable growth in 2025 and beyond. The company continues to innovate at the intersection of energy and blockchain technology, reinforcing its mission to build resilient, sustainable digital infrastructure.
As network difficulty fluctuates and market conditions evolve, Riot’s balanced approach—combining strategic BTC sales with long-term accumulation—demonstrates financial discipline and adaptability.
👉 See how top-tier platforms are navigating the future of Bitcoin mining with smarter strategies.