Riot Platforms Welcomes Jonathan Gibbs as Chief Data Center Officer to Enhance Data Center Development

Riot Platforms Appoints Jonathan Gibbs as Chief Data Center Officer

On June 2, 2025, Riot Platforms, Inc. (NASDAQ: RIOT), a prominent player in the Bitcoin-driven sector specializing in large-scale data centers, announced the hiring of Jonathan Gibbs as their new Chief Data Center Officer. In this role, Gibbs will oversee the strategic development and operations of Riot’s data center platform, aimed at creating cutting-edge facilities tailored for hyperscale and enterprise clients.

Riot Platforms has been steadily expanding its operational scope and diversifying its revenue sources. This new data center initiative significantly aligns with the company’s objective to maximize asset value beyond just Bitcoin-related ventures. With ongoing advancements in cloud computing, AI, and other infrastructure-intensive industries, the need for substantial digital ecosystems is on the rise. Riot's entry into non-Bitcoin data centers will enhance revenue, ensuring better cash returns for investors while solidifying its partnerships with leading technology firms.

According to Jason Les, the CEO of Riot, the appointment of Gibbs represents a pivotal moment for the company. Gibbs comes with over 15 years of experience in designing and constructing large-scale data centers and possesses a proven track record with hyperscale and enterprise-level clients.

Gibbs will leverage Riot’s expansive existing capabilities, which currently include a vast power capacity of over 1.7 gigawatts available for immediate deployment. Riot is strategically positioned to meet the growing demand for high-performance computing solutions, thus promising significant shareholder value enhancement as it aggressively works on scaling its data center developments.

Before joining Riot, Gibbs served as the Executive Vice President of Product Delivery at Prime Data Centers, where he led the successful design, development, and construction of numerous data centers across the United States. His career has spanned various continents, contributing to infrastructures with investments totaling over $17 billion. This experience positions him uniquely to guide Riot as it capitalizes on the surging market demand for enhanced data center capabilities.

In his statement, Gibbs expressed enthusiasm for his new role, emphasizing the unique advantages that Riot Platforms possesses thanks to its strong development expertise and asset allocation. With substantial energy resources readily available, the company's strategic focus will not only enhance operational capabilities but will also allow for addressing pressing market needs in high-performance computing.

Riot’s overarching vision is to become the foremost Bitcoin-driven infrastructure platform in the world while making a positive impact on the sectors and communities they engage with. The company’s vertically integrated approach to Bitcoin mining offers a robust framework for innovation and investment.

The appointment of Gibbs as CDCO underscores Riot Platforms' commitment to advancing its development efforts and responding dynamically to industry trends. As the demand for digital infrastructure intensifies, Riot is poised at the forefront to cater to these evolving needs in an efficient, innovative manner.

For further details about Riot Platforms and its strategic initiatives, please visit www.riotplatforms.com.

Investors and stakeholders are advised to stay attuned to the future directions of the company as they adapt to the shifting landscape of data center development and its implications for the Bitcoin mining sector.