Riot Platforms, Inc. (NASDAQ:RIOT) Share prices rose on Monday after the company announced the appointment of Jason Chung as Chief Financial Officer, effective March 1, 2026.
Chung is currently Riot’s EVP, Head of Corporate Development & Strategy, and brings two decades of experience in investment banking and corporate finance to the role of CFO.
He will succeed Colin Yeewho has been CFO since 2022.
Also Read: ‘Asia’s MSTR’ Metaplanet Buys $451 Million in Bitcoin, But the Chart Predicts Danger
Yee will remain in this role until the effective date and then transition to a Senior Advisor position to support a smooth leadership transition and continued strategic execution.
Jason LesCEO of Riot Platforms, said: “Colin has been instrumental in strengthening Riot’s financial foundation, developing our internal reporting infrastructure and supporting the company through key growth phases.”
“His extensive experience and solid track record of delivering value-creating results, combined with his expertise in capital markets and business development, make him the ideal leader to guide our capital allocation strategy as we execute on our ambitious growth plans. By consolidating our finance and strategic functions under Jason’s leadership positions, Riot moves forward with even greater strategic alignment as we continue to execute our long-term strategy.”
November 2025 Production
Riot reported November 2025 results with 428 Bitcoin (CRYPTO: BTC/USD) mined, an average of 14.3 Bitcoin per day, and an all-in power cost of 4.0 cents per kilowatt hour. The company had 19,368 Bitcoins at the end of November 2025.
Recent earnings
In October, Riot reported third-quarter revenue of $180.2 million, beating analyst estimates of $172.6 million and earnings of 26 cents per share, beating estimates of 21 cents per share.
Riot said it produced 1,406 Bitcoin during the quarter, up from 1,104 in the year-ago quarter.
The company held a total of 19,287 Bitcoin at the end of the quarter and had $330.7 million in unrestricted cash on hand.
RIOT Price Action: Shares of Riot Platforms rose 3.11% to $14.60 in premarket trading on Monday, according to data from Benzinga Pro.
Read next:
Photo via Shutterstock
#Riot #Platforms #Stocks #Soaring #Monday #Riot #Platforms #NASDAQRIOT