Riot Platforms (RIOT) mined 450 BTC in June 2025 while earning $5.6 million in power and demand response credits through ERCOT’s Four Coincident Peak program and other grid‐stability initiatives, per a company release.
June production was down 12% month-over-month from 514 BTC in May but up 76% year-over-year from 255 BTC in June 2024.
Riot’s power strategy continues to pay dividends: the company collected $3.8 million in curtailment credits and $1.8 million in demand response payments, a 141% increase versus May and 18% above June 2024, helping offset an all-in power cost of $0.034 per kWh.
Over the past year, Riot has expanded its Texas and Kentucky operations, with a combined 1.7 GW of power assets accessible through 2026. In May, the company closed on 355 acres adjacent to Corsicana to ensure ample land for future data-center builds, and hired industry veteran Jonathan Gibbs as Chief Data Center Officer to spearhead its hyperscale AI push.
Riot sold 397 BTC in June and added the remaining 53 BTC to its treasury, bringing total holdings to 19,273 BTC.
At time of publication, RIOT is up 2.1% from yesterday’s close.