Riot Platforms bitcoin holdings
United StatesA large Texas-based miner that sold more than twice its quarterly production in 2026 to fund a move into artificial intelligence hosting.
How much bitcoin does Riot Platforms hold?
Riot Platforms holds 15,680 BTC as of 2026-03-31, worth about $1.2B. That is rank 9 of the 165 public companies we track, and 0.07% of the 21 million bitcoin that will ever exist.
- Bitcoin held
- 15,680 BTC
- As of
- 2026-03-31
- Rank
- 9 of 165
- Value at current price
- $1.2B
- Market cap
- $7.7B
- mNAV
- 6.31x
- Share of 21 million
- 0.07%
Market cap as of 2026-08-26, derived from share price and shares outstanding. mNAV is that figure divided by 15,680 BTC at $77,882.
Holdings over time
Cumulative bitcoin held after each disclosed event. The line steps rather than slopes because treasury positions change on purchase dates, not continuously.
We have one dated figure for Riot Platforms so far, shown in the table below, and the table says where it came from. A chart needs at least two dated points, and we would rather show nothing than draw a trend through a single figure. This fills in as the company publishes, or as we backfill its earlier announcements.
Every disclosure we have
| Date | Event | Change | Total held | Note | Source |
|---|---|---|---|---|---|
| 2026-03-31 | Reported | 15,680 | Quarter-end holdings after selling 3,778 BTC in Q1 2026 to fund the AI and HPC datacenter pivot. Roughly 5,802 BTC restricted as loan collateral. | riotplatforms.com |
Why does Riot Platforms hold bitcoin?
Riot mines bitcoin at industrial scale in Texas and Kentucky, and for several years retained most of what it produced. Its power strategy is unusual and genuinely valuable: it participates in grid demand response programmes, curtailing mining when the Texas grid is stressed in exchange for credits, which sometimes earns more than mining would have.
Like its peers, Riot spent 2026 redirecting capital away from pure mining. It sold 3,778 bitcoin in the first quarter, around two and a half times what it mined in the same period, to fund the conversion of sites into high performance computing and artificial intelligence data centres.
Roughly 5,802 of the coins it still holds are restricted as collateral against borrowings, so the unencumbered position is materially smaller than the headline figure.
Frequently asked questions
Why are miners selling bitcoin to build data centres?
Mining margins tightened after the 2024 halving, while demand for artificial intelligence compute made power and land more valuable for other uses. Several miners, Riot among them, concluded that converting sites to AI hosting earns more per megawatt than mining, and funded the conversion by selling coins.
Compared with its neighbours
Sources
Holdings figures and their dates come from the disclosures linked in the history table above. Read the full methodology.