Tue May 06 07:10:00 UTC 2025: **FOR IMMEDIATE RELEASE**

**Riot Platforms Mines 463 Bitcoin in April 2025, Completes Acquisition and Exits Hosting Business**

**CASTLE ROCK, Colo., May 5, 2025** – Riot Platforms, Inc. (NASDAQ: RIOT) today announced its April 2025 production and operational updates. The company mined 463 Bitcoin during the month, averaging approximately 15.55 BTC per day. This production comes amidst two network difficulty adjustments.

CEO Jason Les stated that April was a significant month for Riot, highlighting the completion of the acquisition of Rhodium’s assets at the Rockdale facility, adding 125 MW of power capacity and resolving all outstanding litigation with Rhodium. This acquisition marks Riot’s complete exit from the Bitcoin mining hosting business.

Riot sold its entire April Bitcoin production to fund ongoing growth and operations. The company stated this strategy reduces the need for equity fundraising and minimizes stock dilution, while maintaining a commitment to its long-term Bitcoin treasury strategy.

Riot is currently recruiting for various positions across the company. Interested candidates can find open positions at [https://www.riotplatforms.com/careers](https://www.riotplatforms.com/careers).

**About Riot Platforms, Inc.**

Riot Platforms is a vertically integrated Bitcoin mining and digital infrastructure company with operations in Texas and Kentucky. The company’s vision is to be a world leader in Bitcoin-driven infrastructure.

**Contact:**

Phil McPherson
Investor Relations
303-794-2000 ext. 110
IR@Riot.Inc

Alexis Brock
Media Relations
303-794-2000 ext. 118
PR@Riot.Inc

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