SCHEDULE: FMR LLC Discloses Riot Platforms Stake

FMR LLC and Abigail P. Johnson have reported a beneficial ownership of 5.9% in Riot Platforms Inc. as of March 31, 2026.

Summary

• FMR LLC, along with Abigail P. Johnson, has filed a Schedule 13G indicating beneficial ownership of Riot Platforms Inc. common stock.
• As of March 31, 2026, the total number of shares beneficially owned is 22,675,389.74.
• This represents 5.9% of the class of securities.
• FMR LLC has sole voting power over 22,108,790.10 shares and sole dispositive power over 22,675,389.74 shares.
• Abigail P. Johnson has sole dispositive power over 22,675,389.74 shares.
• The filing indicates that other persons may have the right to receive or direct the sale of these securities, but no single other person's interest exceeds five percent.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on existing ownership stakes rather than new strategic developments or financial performance.

Positives

• Significant institutional ownership reported by FMR LLC, suggesting confidence in Riot Platforms Inc.
• Clear disclosure of beneficial ownership percentage (5.9%) and share count.

Negatives

• The filing does not contain specific financial performance data, only ownership details.

Risks

• The filing notes that other persons may have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the common stock, though no single other person's interest exceeds five percent. This could indicate potential influence or control by other entities.
• The nature of FMR LLC's investment strategy and potential future changes in their holdings could impact Riot Platforms Inc.'s stock price.

Future Outlook

The filing is primarily an ownership disclosure and does not contain forward-looking statements or guidance regarding Riot Platforms Inc.'s future performance.

Management Comments

• FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by FMR LLC, a major investment management firm, indicates a significant institutional holding in Riot Platforms Inc., a company operating within the cryptocurrency mining sector. Such filings are crucial for understanding the ownership structure and potential influence of large investors in publicly traded companies.

Stakeholder Impact

• Shareholders: The disclosure of a significant stake by FMR LLC may influence investor sentiment and potentially impact share price due to the presence of a large institutional holder.
• Management of Riot Platforms Inc.: The filing confirms a substantial ownership by FMR LLC, which could lead to increased engagement or scrutiny from this institutional investor.
• Other Investors: The transparency provided by this filing allows other investors to better understand the ownership landscape of Riot Platforms Inc.

Next Steps

• Monitor future filings from FMR LLC and Abigail P. Johnson for any changes in their beneficial ownership of Riot Platforms Inc.
• Observe Riot Platforms Inc.'s operational and financial performance to assess the underlying value of the shares held by FMR LLC.

Key Dates

Keywords

Riot Platforms Inc, FMR LLC, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Abigail P. Johnson