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Riot Platforms 8-K Filings

RIOT NASDAQ

Every 8-K that Riot Platforms (RIOT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow RIOT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RIOT filings page.

Rhea-AI Summary

Riot Platforms, Inc., through its wholly owned subsidiary Riot DC Logistics, LLC, entered into a new senior secured delayed-draw term loan facility with a syndicate of lenders led by Morgan Stanley Senior Funding, Inc. as administrative agent. The Facility provides up to $573.0 million of term loan commitments, available for borrowing during a defined Availability Period commencing August 10, 2026.

Proceeds are intended to fund long-lead and related project equipment and other expenses for the company’s 191 critical IT MW data center project at its Rockdale Facility. Borrowings bear interest, at the borrower’s election, at Adjusted Term SOFR plus 2.75% per annum or the Base Rate plus 1.75% per annum. The loans mature on December 31, 2026. Obligations are guaranteed by the borrower’s subsidiaries and an affiliate and are secured by a lien on substantially all of their assets, with no recourse to Riot Platforms or other parents outside specified customary exceptions.

Rhea-AI Summary

Riot Platforms, Inc. reported second quarter 2026 results and a major expansion of its AI data center business. Quarterly revenue was $174.2 million, up 14% year-over-year, including $23.2 million from Data Center revenue. For the three months ended June 30, 2026, the company reported net income (loss) of $(237,170) and Adjusted EBITDA of $(69,729), compared with positive figures in the prior year period.

Subsequent to quarter end, Riot executed a 20-year Data Center Lease and Services Agreement with a leading frontier AI lab for 191 MW of critical IT capacity at its Rockdale campus. The initial term is expected to generate approximately $9.1 billion in total contract revenue, with two five-year extension options that would bring total potential contract value to about $16.1 billion if exercised. Together with its AMD lease, Riot has now contracted 241 MW of capacity, representing approximately $9.8 billion of long-term contracted revenue.

Rhea-AI Summary

Riot Platforms, Inc. reported results from its 2026 Annual Meeting of Stockholders. Shareholders approved the Seventh Amendment to the 2019 Equity Incentive Plan, adding 15,000,000 shares of common stock to the pool available for equity awards.

Stockholders elected Lance D’Ambrosio and Michael Turner as Class II directors, each to serve until the 2029 Annual Meeting. They also ratified Deloitte & Touche LLP as independent auditor for the year ending December 31, 2026 and, on an advisory basis, approved executive compensation for 2025.

Rhea-AI Summary

Riot Platforms reported first quarter 2026 results and highlighted its expansion into data center hosting alongside bitcoin mining. The company generated $167.2 million in quarterly revenue, including $33.2 million from its new data center business.

Riot noted that AMD exercised an option for an additional 25 megawatts of capacity, bringing AMD’s total contracted critical IT capacity to 50 megawatts, which management views as validation of its large-scale data center strategy. Despite this growth, Riot posted a net loss of $ (500,477) for the quarter and reported negative Adjusted EBITDA of $ (311,117).

For bitcoin mining, cost to mine one bitcoin excluding miner depreciation was $44,629 versus a production value per bitcoin of $75,964. Including depreciation, the cost to mine one bitcoin rose to $96,283, or 126.7% of production value, indicating mining operations were not profitable on a fully loaded cost basis in the period.

Rhea-AI Summary

Riot Platforms, Inc. entered into a Second Amended and Restated Credit Agreement with Coinbase Credit, Inc., maintaining its multiple draw down secured term loan facility with an aggregate principal amount of up to $200 million.

The revised agreement changes the Loan’s interest from a floating rate to a fixed rate and extends its maturity to the date that is 364 days after the Original Maturity Date, with an option for the Company to request an additional 364-day extension subject to the Lender’s consent. The facility remains secured by Riot’s financial assets, including bitcoin, USDC and cash held with Coinbase Custody Trust Company, LLC, and includes customary representations, covenants and events of default for a secured term loan of this type.

Rhea-AI Summary

Riot Platforms, Inc. has amended and restated its bylaws to begin declassifying its Board of Directors, responding to a non-binding advisory vote approved by stockholders at the 2025 annual meeting. The board will remain in three classes through the 2029 annual meeting, with each class elected to terms ending in 2029. Starting with the 2029 annual meeting, all directors will stand for election annually to one-year terms, completing the transition to a non-classified board while allowing current directors to serve out their existing terms.

Rhea-AI Summary

Riot Platforms reported full-year 2025 results showing a major strategic shift toward large-scale data centers alongside its bitcoin mining operations. The company generated record annual revenue of $647.4 million and mined 5,686 bitcoin, supported by a vertically integrated mining and infrastructure platform.

Management highlighted a new data center lease with AMD, with the first phase operational and generating revenue as of January 2026, and cited over $1.9 billion in liquidity to support aggressive infrastructure expansion in Corsicana and Rockdale. Despite strong top-line growth, Riot posted a net loss of $663,181 for 2025 versus net income of $109,401 in 2024, and Adjusted EBITDA fell to $12,956 from $463,189, reflecting higher depreciation, settlements, and other adjustments.

Riot reported a 2025 cost to mine one bitcoin of $49,645 excluding miner depreciation, or $91,427 including depreciation, versus production value per bitcoin of $101,350. The company continues to emphasize Adjusted EBITDA and cost-to-mine metrics as key non-GAAP performance indicators for its evolving infrastructure-heavy business model.

Rhea-AI Summary

Riot Platforms, Inc. reported that on January 16, 2026 it purchased the 200 acres of land underlying its existing Rockdale, Texas facility and entered into a new long-term lease there with Advanced Micro Devices, Inc. (AMD). The 10-year agreement with AMD covers 25 megawatts of critical IT load capacity at the Rockdale site, indicating that a portion of the facility’s power and infrastructure will be committed to AMD’s operations. Riot also published a press release and a separate business update describing these transactions, which are included as exhibits to this report.

Rhea-AI Summary

Riot Platforms, Inc. is implementing a planned finance leadership transition and broad changes to executive compensation and long-term incentives. Effective March 1, 2026, current CFO Colin Yee will step down and become Senior Advisor through at least January 1, 2028, receiving a $500,000 annual base fee for 12 months after the transition, then $20,000 per month, plus $2,000,000 in service-based restricted stock units vesting in two tranches through January 1, 2028. Executive Vice President and Head of Corporate Development & Strategy Jason Chung will become CFO on the same date.

The Compensation Committee also revamped the Long-Term Incentive Program so that service awards vest over three years and performance awards now include a total shareholder return cap if absolute TSR is negative and use a 60-trading day average price over a three-year period versus the Russell 3000 Index. Executive employment agreements were amended, raising base salaries for key officers, including increases for the CEO and Executive Chairman from $600,000 to $900,000 and removing the Bitcoin component of their pay, and adjusting Annual Incentive Plan metrics to emphasize data center revenue, NOI, and data center strategy execution.

Rhea-AI Summary

Riot Platforms, Inc. furnished an update on its business and financial results for the three months ended September 30, 2025. The company posted a press release and a Q3 2025 earnings deck on its Investor Relations website and attached them to this report as Exhibits 99.1 and 99.2. The information under Item 2.02 is furnished, not filed, and is not incorporated by reference into other filings except as expressly referenced.