Riot Platforms has reported a net income of $104.5 million and $180.2 million in revenue for Q3 2025, with Bitcoin mining contributing 90% of the revenue. The company mined 1,406 BTC during the quarter and holds 19,287 BTC, valued at approximately $2.2 billion, in reserves as of September 30. However, Riot is shifting its focus from Bitcoin mining to maximizing the value of its energy resources. Vice President Josh Kahn announced that the company is reallocating its energy portfolio to more profitable ventures, including a 112 MW data center in Corsicana, Texas, aimed at supporting AI infrastructure. Riot has also paused expansion plans for its 1 GW mining site and reduced its 2025 hashrate target from 46.7 EH/s to 38.4 EH/s, reflecting a strategic pivot towards optimizing megawatt value.