Riot Platforms has filed a prospectus supplement to register the resale of 180,000 previously vested shares of common stock by XMS Capital Partners. The shares were issued to XMS on December 12, 2024 as compensation for strategic advisory services under an agreement dating back to 2019.The shares were originally issued in a private transaction exempt from registration. Riot will not receive any proceeds from potential sales by XMS. The selling stockholder may offer the shares at prevailing market prices or negotiated terms through various methods including brokers or dealers.Riot Platforms is a vertically-integrated Bitcoin mining company operating large-scale facilities in Texas. As of September 30, 2024, Riot had a deployed hash rate capacity of 28.2 EH/s and expects to reach 34.9 EH/s by end of 2024. The company is expanding its Corsicana, Texas facility to 1 gigawatt capacity and recently acquired Block Mining to add operations in Kentucky.

Riot Platforms has filed a prospectus supplement to register the resale of 180,000 previously vested shares of common stock by XMS Capital Partners. The shares were issued to XMS on December 12, 2024 as compensation for strategic advisory services under an agreement dating back to 2019.The shares were originally issued in a private transaction exempt from registration. Riot will not receive any proceeds from potential sales by XMS. The selling stockholder may offer the shares at prevailing market prices or negotiated terms through various methods including brokers or dealers.Riot Platforms is a vertically-integrated Bitcoin mining company operating large-scale facilities in Texas. As of September 30, 2024, Riot had a deployed hash rate capacity of 28.2 EH/s and expects to reach 34.9 EH/s by end of 2024. The company is expanding its Corsicana, Texas facility to 1 gigawatt capacity and recently acquired Block Mining to add operations in Kentucky.