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RIOT flips MARA, becomes second largest public Bitcoin miner

Shares of Riot Platforms (NASDAQ: RIOT) jumped on September 24, opening at 17.82andrisingabove17.82 and rising above 19 before 10:00 AM EST. That lifted Riot’s market cap to about 7.04billion,nudgingaheadofMARAs7.04 billion, nudging ahead of MARA’s 6.8 billion valuation to become the second most valued public bitcoin miner. Get these headlines directly to your inbox: subscribe to Blockspace. Riot Platforms produced 484 BTC in July 2025, an 8% increase from June’s 450 BTC, before mining 477 BTC in August, a 2% month-over-month decline, according to th ...