Riot (NASDAQ: RIOT) mined 460 bitcoin in December 2025, recording a 337% increase in net proceeds from Bitcoin sales compared to the previous month.
The company released the figures on Tuesday, the final such report as it moves its monthly operational updates in favor of a quarterly reporting schedule.
Riot sold 1,818 Bitcoin in December for net proceeds of $161.6 million. This represents a significant increase from the 383 bitcoin Riot sold in November 2025.
Riot increased its deployed hash rate to 38.5 EH/s in December, a 5% increase from 36.6 EH/s in November, with a fleet efficiency of 20.2 J/TH.
The company held 18,005 Bitcoin as of 2025’s end, which includes 3,977 restricted bitcoin. The holdings reflect a 7% decrease from the previous month following the sale in December
Riot earned $6.2 million in power credits over December, increasing 171% compared to November.
The operational update followed significant executive changes announced earlier in the week. Riot appointed Jason Chung as its new chief financial officer on Monday. The company also increased the base salaries for its chief executive officer and executive chairman while also removing a base compensation perk of 10 BTC for both executives.
Riot also established a new at-the-market equity offering for $500 million on December 31, 2026.On the equity research front, JP Morgan issued an overweight rating for Riot on December 18, setting a price target of $20 in its 2026 equity trade ideas report. JP Morgan analysts projected that Riot could sign a 600 megawatt colocation deal by the end of 2026.
