Highlights

  • OnyxPoint Global Management reported a new third-quarter position in Riot Platforms.
  • The filing showed ownership of more than 232,000 shares valued at USD 4.42 million.\
  • Riot Platforms shares closed at USD 13.20 on December 30, 2025.

New York City-based OnyxPoint Global Management disclosed a new equity position in Riot Platforms (NASDAQ:RIOT) as part of its third-quarter regulatory filing. According to documents published on November 14, the asset manager acquired 232,206 shares of the cryptocurrency-focused company during the quarter.

The position was valued at approximately USD 4.42 million as of September 30, based on prices at that time. The Riot Platforms holding accounted for around 2.38% of OnyxPoint Global’s USD 185.59 million in reported US equity assets, spread across eight disclosed positions. The firm did not include Riot Platforms among its five largest holdings following the filing.

Details From the Regulatory Filing

The disclosure was made through a filing with the US Securities and Exchange Commission, which outlines portfolio positions held at the end of the third quarter. OnyxPoint Global’s largest holdings following the update included securities listed on the New York Stock Exchange and Nasdaq, with the majority of assets concentrated in a small number of positions.

Based on the filing, Riot Platforms ranked outside the fund’s top five holdings by value. The reported acquisition occurred during a period of increased attention on digital asset-related equities, although the filing did not provide commentary on the rationale behind the position.

Riot Platforms Share Performance and Market Context

As of the December 30, 2025 trading session, Riot Platforms shares were priced at USD 13.20. The stock had recorded a one-year price increase of approximately 26% at that point, compared with a gain of about 17% for the S&P 500 over the same period.

Market activity on December 30 reflected a subdued year-end trading environment across US equities, with many stocks experiencing limited intraday movement ahead of the New Year holiday.

Company Overview and Financial Snapshot

Riot Platforms operates institutional-scale Bitcoin mining facilities and provides power distribution equipment and custom-engineered electrical products. The company generates revenue primarily through Bitcoin mining operations and engineering services delivered to commercial and governmental customers.

For the trailing twelve-month period, Riot Platforms reported revenue of USD 637.16 million and net income of USD 164.00 million. The company serves clients across the cryptocurrency, data centre, utility, and industrial sectors, with operations including large-scale facilities in Texas and Kentucky.

The December disclosures and year-end pricing marked the most recent publicly available updates regarding OnyxPoint Global’s position and Riot Platforms’ market performance.

RIOT closed at USD 12.70 on December 30, 2025.