SCHEDULE: Goldman Sachs Discloses 1.2% Stake in Riot Platforms

The Goldman Sachs Group, Inc. and its subsidiary Goldman Sachs & Co. LLC have disclosed a 1.2% beneficial ownership stake in Riot Platforms, Inc. common stock.

Summary

• The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC reported beneficial ownership of Riot Platforms, Inc. common stock.
• They collectively beneficially own 4,201,703.96 shares of Riot Platforms, Inc. Common Stock.
• This ownership represents 1.2% of the class of securities.
• The shares are held with shared voting power of 4,199,906.96 shares and shared dispositive power of 4,200,036.96 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Riot Platforms, Inc.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership, providing factual information without expressing positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

No forward-looking statements or guidance regarding Riot Platforms' business or financial performance are provided.

Industry Context

This filing indicates continued institutional investment interest in the cryptocurrency mining sector, with a major financial institution like Goldman Sachs holding a passive stake in a prominent Bitcoin mining company, Riot Platforms.

Stakeholder Impact

• Shareholders: Disclosure of a significant institutional holder (Goldman Sachs) provides transparency regarding the ownership structure.

Key Dates

Keywords

Riot Platforms, RIOT, Goldman Sachs, GS, Schedule 13G, beneficial ownership, common stock, institutional ownership, blockchain, cryptocurrency mining