Possible new Riot Platforms shares

RIOTDilution

Known so far: no new shares from the prospectus covers read · shelf not limited by the baby-shelf rule · not yet read: ATM.

Shelf room

  • Room today not capped by the baby-shelf rule ($2.1B float, Jun 30, 2025)
How this is worked out

Shelf room on the S-3ASR of Aug 9, 2024: not limited by the baby-shelf rule, because the $2.1B public float stated as of Jun 30, 2025 is $75M or more. Sources: S-3ASR Aug 9, 2024, effective Aug 9, 2024 · public float, as of Jun 30, 2025.

What could become new Riot Platforms (RIOT) shares: warrants, convertible notes and options and RSUs, each with the 10-Q, 10-K, S-3 or 424B filing it comes from.

Riot Platforms dilution ladder

Every source of new shares on record, from the filings that created it.

375.3M outstanding; up to 376.7M fully diluted, +0%

  1. Outstandingas of Aug 7, 2026 (10-Q filed Aug 10) · share count on the cover page
    375.3M
  2. Warrants63K10-Q Oct 30, 2025 · securities left out of diluted EPS
    +63K
  3. Convertible notes1.2M shares10-Q Oct 30, 2025 · securities left out of diluted EPS
    +1.2M
  4. Options and RSUs227K RSUs10-Q Oct 30, 2025 · securities left out of diluted EPS
    +227K

Not stated in the filings we read: an ATM program.

Counts, sizes and prices as stated in each filing; the fully diluted count is arithmetic on them. Dollars become shares only at a price a filing states. Not advice.

Financing terms to know

None found in filings since Oct 30, 2025.

Each term is quoted from the exhibit it comes from; numbers are as stated in the filing. A flag describes a financing term. It is not investment advice.

Shares outstanding

375M

Oct 2024 to Aug 2026: from 332M to 375M.

From the share count on the cover of each 10-Q and 10-K, dated as each cover states.