Riot Logs Strong Bitcoin Output, Eyes AI Expansion at Corsicana Facility
Riot Platforms (RIOT) reported robust March results, producing 533 bitcoin (BTC) — its highest monthly output since the most recent halving. The figure marked a 13% increase from February and a 25% gain year-over-year. The company’s total BTC holdings rose to 19,223.
Riot also advanced its strategic push into artificial intelligence (AI) and high-performance computing (HPC), supported by a new feasibility study from Altman Solon. The report confirmed that Riot’s Corsicana facility is well-positioned to accommodate up to 600 MW of additional AI/HPC capacity, backed by 1.0 GW of secured power and 265 acres of scalable land near Dallas.
Operationally, Riot maintained a deployed hash rate of 33.7 EH/s, with its average operating hash rate increasing 3% month-over-month to 30.3 EH/s — a 254% increase from March 2024. The company’s fleet efficiency improved to 21.0 J/TH, while all-in power costs remained low at 3.8 cents/kWh.
Despite the strong operational performance, Riot shares fell 5.5% on Friday amid broader market declines, with the Nasdaq 100 down 2.8%. RIOT stock is now down 35% year-to-date.
As demand for AI infrastructure grows, Riot’s blend of large-scale mining and compute-ready energy infrastructure positions it for long-term diversification and growth.

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