Riot Platforms Files 2024 10-K
Ticker: RIOT · Form: 10-K · Filed: 2025-02-28T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, cryptocurrency, finance-services
TL;DR
Riot Platforms filed its 2024 10-K. All systems go for crypto mining.
AI Summary
Riot Platforms, Inc. filed its 10-K for the fiscal year ending December 31, 2024. The company, formerly known as Riot Blockchain, Inc., is involved in finance services, specifically cryptocurrency asset management. The filing details its financial performance and operational status for the period.
Why It Matters
This filing provides investors and stakeholders with a comprehensive overview of Riot Platforms' financial health and strategic direction for the past fiscal year, crucial for understanding its position in the volatile cryptocurrency market.
Risk Assessment
Risk Level: medium — The company operates in the highly volatile cryptocurrency industry, which is subject to significant price fluctuations and regulatory changes.
Key Numbers
- 2024-12-31 — Fiscal Year End (Reporting period for the 10-K)
- 2023-12-31 — Previous Fiscal Year End (For comparative financial analysis)
- 2022-12-31 — Prior Fiscal Year End (For trend analysis)
Key Players & Entities
- Riot Platforms, Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- Riot Blockchain, Inc. (company) — Former company name
- 3855 Ambrosia Street, Suite 301 (location) — Company business and mailing address
- Castle Rock, CO 80109 (location) — Company business and mailing address
FAQ
What was Riot Platforms' primary business activity during the fiscal year ending December 31, 2024?
Riot Platforms, Inc. is engaged in finance services, with a focus on cryptocurrency assets, as indicated by its SIC code [6199] and former name 'Riot Blockchain, Inc.'
When was Riot Platforms, Inc. previously known by another name?
The company was formerly known as Riot Blockchain, Inc., with a date of name change on 2017-10-04.
What is the physical address of Riot Platforms, Inc.?
The business and mailing address for Riot Platforms, Inc. is 3855 Ambrosia Street, Suite 301, Castle Rock, CO 80109.
What is the SEC file number for Riot Platforms, Inc.'s 10-K filing?
The SEC file number for Riot Platforms, Inc. is 001-33675.
What are some of the financial statement components mentioned in the filing for the fiscal year 2024?
The filing mentions components such as us-gaap:RetainedEarningsMember and us-gaap:AccumulatedOtherComprehensiveIncomeMember for the fiscal year ending 2024-12-31.
From the Filing
0001558370-25-001888.txt : 20250228 0001558370-25-001888.hdr.sgml : 20250228 20250228081701 ACCESSION NUMBER: 0001558370-25-001888 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 122 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250228 DATE AS OF CHANGE: 20250228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Riot Platforms, Inc. CENTRAL INDEX KEY: 0001167419 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 841553387 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33675 FILM NUMBER: 25682834 BUSINESS ADDRESS: STREET 1: 3855 AMBROSIA STREET, SUITE 301 CITY: CASTLE ROCK STATE: CO ZIP: 80109 BUSINESS PHONE: 303-794-2000 MAIL ADDRESS: STREET 1: 3855 AMBROSIA STREET, SUITE 301 CITY: CASTLE ROCK STATE: CO ZIP: 80109 FORMER COMPANY: FORMER CONFORMED NAME: Riot Blockchain, Inc. DATE OF NAME CHANGE: 20171004 FORMER COMPANY: FORMER CONFORMED NAME: Bioptix, Inc. DATE OF NAME CHANGE: 20161201 FORMER COMPANY: FORMER CONFORMED NAME: Venaxis, Inc. DATE OF NAME CHANGE: 20121218 10-K 1 riot-20241231x10k.htm 10-K RIOT PLATFORMS, INC._December 31, 2024 0 0 0 0 0001167419 --12-31 2024 FY false 0 0 0 0 0 0 0 0 0 0 0.134 P3Y P18M P1Y P2Y 0001167419 riot:RockdaleFacilityBitcoinMiningFacilityTexasMember riot:MinersAndMiningEquipmentMember 2023-01-01 2023-12-31 0001167419 riot:AcquisitionOfESSMetronMember 2024-01-01 2024-12-31 0001167419 us-gaap:RetainedEarningsMember 2024-12-31 0001167419 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001167419 us-gaap:AccountingStandardsUpdate202308Member us-gaap:RetainedEarningsMember 2023-12-31 0001167419 us-gaap:RetainedEarningsMember 2023-12-31 0001167419 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001167419 us-gaap:AccountingStandardsUpdate202308Member 2023-12-31 0001167419 us-gaap:RetainedEarningsMember 2022-12-31 0001167419 us-gaap:RetainedEarningsMember 2021-12-31 0001167419 us-gaap:CommonStockMember 2024-12-31 0001167419 us-gaap:CommonStockMember 2023-12-31 0001167419 us-gaap:CommonStockMember 2022-12-31 0001167419 riot:CoinsquareMember riot:MogoInvestmentAgreementMember 2021-12-31 0001167419 us-gaap:PreferredStockMember 2021-12-31 0001167419 us-gaap:CommonStockMember 2021-12-31 0001167419 riot:PerformanceBasedRSUsMember 2024-12-31 0001167419 riot:PerformanceBasedRsasMember 2024-12-31 0001167419 riot:ServicebasedRSUsMember 2023-12-31 0001167419 riot:ServicebasedRSAsMember 2023-12-31 0001167419 riot:PerformanceBasedRSUsMember 2023-12-31 0001167419 riot:PerformanceBasedRsasMember 2023-12-31 0001167419 riot:PerformanceBasedRSUsMember 2024-01-01 2024-12-31 0001167419 riot:ServicebasedRSUsMember 2023-01-01 2023-12-31 0001167419 riot:ServicebasedRSAsMember 2023-01-01 2023-12-31 0001167419 riot:ServicebasedRSUsMember 2022-01-01 2022-12-31 0001167419 riot:ServicebasedRSAsMember 2022-01-01 2022-12-31 0001167419 riot:PerformanceBasedRsasMember 2024-01-01 2024-12-31 0001167419 riot:EquityIncentivePlan2019Member 2024-12-31 0001167419 srt:MinimumMember riot:ServiceBasedAwardsMember 2024-01-01 2024-12-31 0001167419 srt:MaximumMember riot:ServiceBasedAwardsMember 2024-01-01 2024-12-31 0001167419 srt:MinimumMember riot:TotalShareholderReturnBasedAwardsMember 2023-07-01 2023-07-31 0001167419 srt:MaximumMember riot:TotalShareholderReturnBasedAwardsMember 2023-07-01 2023-07-31 0001167419 us-gaap:CommonStockMember riot:AtMarketOfferingFebruary2024Member 2024-12-31 0001167419 us-gaap:CommonStockMember riot:AtMarketOffering2023Member 2024-12-31 0001167419 riot:SalesAgentsMember us-gaap:CommonStockMember riot:AtmOffering2022Member 2023-12-31 0001167419 riot:SalesAgentsMember us-gaap:CommonStockMember riot:AtMarketOffering2023Member 2023-12-31 0001167419 riot:SalesAgentsMember us-gaap:CommonStockMember riot:AtmOffering2022Member 2022-12-31 0001167419 us-gaap:OperatingSegmentsMember us-gaap:ReportableSegmentAggregationBeforeOtherOperatingSegmentM