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Jason Les

Chief Executive Officer, Riot Platforms, Inc.

Search every verified Jason Les interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Jason Les, CEO of Riot Platforms, discussed the company’s second-quarter 2026 earnings and strategic direction in a September 7, 2026, interview. He stated that Riot is prioritizing data center development and leasing over Bitcoin mining as a primary use of its power capacity, describing Bitcoin mining as a tool to secure and monetize power until it can be converted to data center use. Les noted that the company has seen significant interest in its Kentucky site and is working through that interest, while also mentioning an ongoing letter of intent with Corsicana that the company is working to convert into a lease. Les also commented on the relative value of data center operations compared to Bitcoin mining, asserting that data centers provide superior cash flow and that the market will assign higher valuation multiples to those cash flows. He expressed confidence in Riot’s balance sheet and deal execution capabilities, citing a new agreement for 191 megawatts as evidence of progress.

Recent appearances

  • RIOT Q2 Earnings CEO Q&A | Corsicana LOI & Frontier AI Lab Deal | AI Stocks to Watch | RIOT Stock

    RIOT Q2 Earnings CEO Q&A | Corsicana LOI & Frontier Lab Deal | Top AI Stocks to Watch | RIOT Stock This video was conducted on behalf of RIOT Platforms Inc. (RIOT), and paid for, by Power Analysis on September 7, 2026. Full Disclaimer available at www.poweranalysis.io. Welcome to McNallie Money, your daily dose of Stocks, Investments and Personal Finance! Today we are joined once again by Jason Les CEO of Riot Platforms Inc. for a discussion around 2026 Q2 Earnings, ticker symbol RIOT. Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North Ameri…

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  • Riot Platforms, Inc RIOT Q2 2026 Earnings Call

    --------- Riot Platforms, Inc RIOT Q2 2026 Earnings Call --------- In this video, we’ll cover the latest quarterly earnings results, key financial metrics, and business highlights from the most recent reporting period. 🔔 Don’t forget to subscribe and follow us on X for more updates: https://x.com/Fyfull2 Disclaimer: This video includes segments from official corporate earnings calls and presentations, used for educational and informational purposes under fair use (Section 107, U.S. Copyright Act). No affiliation or endorsement by the companies mentioned is implied. All content rights rema…

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  • RIOT Platforms 2026 Q1 Earnings | Riot Platforms CEO Q&A | AMD Deal Expansion | Top RIOT News

    RIOT Platforms 2026 Q1 Earnings | Riot Platforms CEO Q&A | AMD Deal Expansion | Top RIOT News This video was conducted on behalf of RIOT Platforms Inc. (RIOT), and paid for, by Power Analysis on May 1, 2026. Full Disclaimer available at www.poweranalysis.io. Welcome to McNallie Money, your daily dose of Stocks, Investments and Personal Finance! Today we are joined once again by Jason Les CEO of Riot Platforms Inc. for a discussion around 2026 Q1 Earnings, ticker symbol RIOT. Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. It oper…

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  • $RIOT Riot Platforms Q4 2025 Earnings Conference Call

    03/02/2026 Q&A: 29:13 Riot Platforms, Inc., together with its subsidiaries, operates as a Bitcoin mining company in the United States. The company operates in two segments, Bitcoin Mining and Engineering. It offers comprehensive and critical infrastructure for institutional-scale Bitcoin mining facilities in Rockdale and Navarro counties, Texas; and two Bitcoin mining sites in Paducah, Kentucky. The company also designs and manufactures power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacturing, and installation services f…

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  • RIOT Platforms Q4 Earnings | Riot Platforms CEO Q&A | Top AI Stocks to Watch in 2026 | Top RIOT News

    RIOT Platforms Q4 Earnings | Riot Platforms CEO Q&A | Top AI Stocks to Watch in 2026 | Top RIOT News This video was conducted on behalf of RIOT Platforms Inc. (RIOT), and paid for, by Power Mining Analysis on Mar 3, 2026. Full Disclaimer available at www.powermininganalysis.com. Welcome to McNallie Money, your daily dose of Stocks, Investments and Personal Finance! Today we are joined once again by Jason Les for a discussion around Q4 Earnings, ticker symbol RIOT. Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. It operates throug…

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  • Inside Riot's Massive $311 Million Deal With AMD | Jason Les (RIOT)

    Welcome back to The Blockspace Podcast! Today, Jason Les, CEO of Riot Platforms, joins us to talk about Riot’s first HPC/AI deal with AMD. We dig into the details on the $311 million deal with AMD, Riot’s acquisition of the property for its Rockdale facility, and Riot’s strategy for repurposing bitcoin mining infrastructure for high-performance computing at a lower CAPEX than some of its peers. Jason explains how Riot is leveraging its massive power portfolio and Bitcoin treasury to fund this expansion without dilution, and what could be coming down the pipe for Riot’s 1.7 GW portfolio with re…

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  • Riot CEO Jason Les: 2025 has been a transformative year for Bitcoin and crypto

    Riot CEO Jason Les joins 'Closing Bell Overtime' to talk the state of crypto currency after a volatile year for Bitcoin. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest n…

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  • Riot Platforms Q3 Earnings Q&A | Top Bitcoin Mining Stock News Now | CEO Jason Les | RIOT Stock

    Riot Platforms Q3 Earnings Q&A | Data Center Expansion & Growth Strategy | CEO Jason Les | RIOT This video was conducted on behalf of RIOT Platforms Inc. (RIOT), and paid for, by Power Mining Analysis on Oct 31, 2025. Full Disclaimer available at www.powermininganalysis.com. Welcome to McNallie Money, your daily dose of Stocks, Investments and Personal Finance! Today we are joined once again by Jason Les who is the CEO of RIOT Platforms Inc., ticker symbol RIOT. Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. It operates through…

    Read the verified transcript → Watch on YouTube ↗

  • Riot Platforms Q2 Earnings Q&A | Latest Bitcoin Mining Stock News | CEO Jason Les | RIOT Stock

    Riot Platforms Q2 Earnings Q&A | Latest Bitcoin Mining Stock News | CEO Jason Les | RIOT Stock This video was conducted on behalf of RIOT Platforms Inc. (RIOT), and paid for, by Power Mining Analysis on Aug 4, 2025. Full Disclaimer available at www.powermininganalysis.com. Welcome to McNallie Money, your daily dose of Stocks, Investments and Personal Finance! Today we are joined once again by Jason Les who is the CEO of RIOT Platforms Inc., ticker symbol RIOT. Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. It operates through Bi…

    Read the verified transcript → Watch on YouTube ↗

  • Riot Platforms Q1 Earnings Q&A | Latest Bitcoin Mining Stock News | CEO Jason Les | RIOT Stock

    Riot Platforms Q1 Earnings Q&A | Latest Bitcoin Mining Stock News | CEO Jason Les | RIOT Stock Welcome to McNallie Money, your daily dose of Stocks, Investments and Personal Finance! Today we are joined once again by Jason Les who is the CEO of RIOT Platforms Inc., ticker symbol RIOT. Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. It operates through Bitcoin Mining, Data Center Hosting, and Engineering segments. The company also provides co-location services for institutional-scale bitcoin mining companies; and critical infrastru…

    Read the verified transcript → Watch on YouTube ↗

  • Riot Platforms Q4 Earnings Q&A | Top Bitcoin Mining Stocks to Watch Now | Jason Les | RIOT

    Riot Platforms Q4 Earnings Q&A | Top Bitcoin Mining Stocks to Watch Now | Jason Les | RIOT Welcome to McNallie Money, your daily dose of Stocks, Investments and Personal Finance! Today we are joined once again by Jason Les who is the CEO of RIOT Platforms Inc., ticker symbol RIOT. Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. It operates through Bitcoin Mining, Data Center Hosting, and Engineering segments. The company also provides co-location services for institutional-scale bitcoin mining companies; and critical infrastructu…

    Read the verified transcript → Watch on YouTube ↗

  • RIOT Platforms Q3 Earnings | Top Bitcoin Mining Stocks to Watch Now | CEO Jason Les | RIOT

    RIOT Platforms Q3 Earnings | Top Bitcoin Mining Stocks to Watch Now | CEO Jason Les | RIOT Welcome to McNallie Money, your daily dose of Stocks, Investments and Personal Finance! Today we are joined once again by Jason Les who is the CEO of RIOT Platforms Inc., ticker symbol RIOT. Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. It operates through Bitcoin Mining, Data Center Hosting, and Engineering segments. The company also provides co-location services for institutional-scale bitcoin mining companies; and critical infrastructure…

    Read the verified transcript → Watch on YouTube ↗

Notable quotes

“It's just too far away. There's nothing that realistically happens that even approaches the cash flow that you're able to get from the megawatts and more importantly how the market will value those cash flows. The market is going to attribute a higher NOI multiple. You know, pick any sellside analysts, you know, multiple of choice that you want. It's always going to be significantly higher than Bitcoin mining. So tha”

“So for us, Bitcoin mining is a tool to secure and monetize power until we can convert that for data center development. Clearly, data centers are far and away the best use of megawatts. We're looking to get the best return on our portfolio, monetize our assets the best way we can and that is data center development and leasing. So, in Kentucky, we have a good amount of power there currently being utilized for Bitcoin”

“What's great about data center development, especially compared to Bitcoin mining, is the type of financing that you can get behind to execute on these. You're able to get project financing in the range of construction financing in the range of 75-85% loan to cost. But there's still an equity component that you need to put forward to advance these projects. And that's where Riot's balance sheet comes into play. We en”

“The whole AMD story is a big part of the story that we were telling this quarter. First on the delivery standpoint, we delivered our first tranche on time, which was a very aggressive timeline. We delivered that on time in January, and we are absolutely on schedule to deliver the final tranche of that first phase in May, this month, essentially. And as a result of delivering in January, that means we started receivin”

“Yeah, so as you guys know, Riot has always focused on being a low cost producer in Bitcoin. That enables us to survive all sorts of period of volatility in the market and we've done that for many years now. We've survived and been through multiple bear markets because of that focus on having cost efficient operations. Our all-in energy cost for Bitcoin over all of 2025 was just around just under $40,000 a coin when y”

“So I think you could look at it a couple ways. I think the most important thing to highlight is the focus of the transformation that we have going on, transforming from a pure play Bitcoin mining company into a digital infrastructure company becoming one of the most meaningful data center developers, owner operators out there. That's what I think the big part of the 2025 story is. You know, of course, on the financia”

The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →