Riot Platforms
Riot Platforms is a Bitcoin mining and digital infrastructure company that operates North America’s largest Bitcoin mining facility and has data center operations in central Texas.
Company Overview
Riot Platforms is a prominent Bitcoin mining and digital infrastructure company. Its focus lies on a vertically integrated strategy, executing operations primarily in North America. The company boasts ownership of the largest Bitcoin mining facility in North America by developed capacity. Riot Platforms is dedicated to positively impacting the sectors, networks, and communities it engages with through its comprehensive and expansive operations.
Bitcoin Mining Facilities
Riot Platforms operates two large-scale Bitcoin mining facilities in Texas, located in Rockdale and Corsicana. These facilities contribute significantly to the company's goal of increasing its Bitcoin mining hash rate and infrastructure capacity. The substantial operations in central Texas are designed to support the company's vertically integrated strategy and expand its influence within the blockchain ecosystem.
Electrical Engineering Operations
Riot Platforms has a notable presence in Denver, Colorado, through its electrical switchgear engineering and fabrication operations. This aspect of the company includes ESS Metron, which specializes in developing advanced electrical equipment solutions tailored for large-scale Bitcoin mining operations. This engineering facet highlights Riot Platforms' commitment to supporting and innovating within the cryptocurrency mining infrastructure.
Stock Exchange Listing
Riot Platforms is publicly traded on the NASDAQ Capital Market under the ticker symbol RIOT. This listing provides the company with exposure to investors interested in the blockchain ecosystem and cryptocurrency mining. The company's financial presence on NASDAQ underscores its commitment to transparency and growth within the high-tech and computer-related services sector.
Industry Classification
Riot Platforms operates within the Technology sector and is classified under the Computer Related Services industry. Its NAICS classification is Other Computer Related Services (541519), while its SIC classification is Computer Related Services, not elsewhere classified (7379). These classifications reflect the company's specialization in advanced digital infrastructure and Bitcoin mining services.