Full-Time

Senior Director, Site Acquisitions - Data Centers

Posted on 12/29/2025

Riot Platforms

Riot Platforms

51-200 employees

Vertical-integrated Bitcoin mining and AI centers

Compensation Overview

$190k - $220k/yr

+ Bonus + Equity Grants

Denver, CO, USA

In Person

Relocation assistance available; position based in Denver, CO.

Category
Real Estate (2)
,
Requirements
  • 10+ years of experience in real estate, site acquisition, or development, ideally in data centers or mission-critical infrastructure
  • Proven success leading multi-site acquisition programs and cross-functional coordination from LOI through close
  • Deep expertise in U.S. real estate negotiations, land use, and entitlement processes
  • Strong due diligence experience across environmental, utilities, zoning, and permitting domains
  • Data center siting knowledge including power, fiber, cooling, and tax/incentive structures
  • Financial fluency in real estate underwriting, scenario modeling, and ROI analysis
  • Excellent communication and stakeholder management skills, with experience in public and regulatory settings
  • Bachelor’s degree required; Master’s or MBA preferred
  • Relocation assistance available for Denver office
Responsibilities
  • Lead site acquisition strategy and execution for large-scale data center projects
  • Identify, evaluate, and secure new sites through expert negotiation and analysis
  • Oversee due diligence, permitting, and regulatory processes to ensure readiness and compliance
  • Build and maintain strong relationships with brokers, landowners, utilities, and local authorities
  • Partner with development, finance, and legal teams to assess feasibility and drive deals to close
  • Mentor and lead a team of acquisition professionals while representing us at industry and community events
Desired Qualifications
  • LEED or sustainability credential a plus

Riot Platforms operates large-scale Bitcoin mining facilities and provides electrical engineering services through its subsidiary, ESS Metron. The company uses specialized computers called ASIC miners to solve complex math problems that secure the Bitcoin network, earning digital currency as a reward. Unlike many competitors who rely solely on mining, Riot is vertically integrated, meaning it builds its own electrical infrastructure and is expanding into high-performance computing and AI data centers to diversify its income. Its goal is to leverage its massive power capacity in Texas to become a leading provider of digital infrastructure for both the cryptocurrency and artificial intelligence industries.

Company Size

51-200

Company Stage

IPO

Headquarters

Castle Rock, Colorado

Founded

2000

Simplify Jobs

Simplify's Take

What believers are saying

  • Q1 2026 data center revenue reached $33.2 million, proving AI hosting demand.
  • AMD doubled Riot's contracted Rockdale capacity to 50 MW.
  • Riot held 15,679 BTC and $282.5 million cash for expansion.

What critics are saying

  • Bitcoin mining revenue fell 21.7% year over year in Q1 2026.
  • Riot still depends heavily on one anchor customer, AMD, for AI expansion.
  • Greenpeace says Rockdale is among America's most energy- and carbon-intensive Bitcoin mines.

What makes Riot Platforms unique

  • Riot combines Bitcoin mining with large-scale data center development and engineering capabilities.
  • Rockdale and Corsicana give Riot one of North America’s largest power footprints.
  • ESS Metron supports internal buildouts and external electrical-equipment customers.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Holidays

Flexible Spending Accounts

Company News

Yahoo Finance
Apr 9th, 2026
Riot Platforms soars 13.5% after cashing in $102M from bitcoin sales

Riot Platforms extended its winning streak to six consecutive days, climbing 13.53% to close at $16.11 after generating $102.3 million from Bitcoin sales over five days. The company sold 500 Bitcoins this week alone, netting $34.87 million in profits. For the first quarter, Riot Platforms generated $289.5 million in revenue from selling 3,778 Bitcoins. The company ended the quarter holding 15,680 units, down 18% from 19,223 in the same period last year. The gains also reflected broader market optimism following a two-week ceasefire between the US and Iran. However, Riot reported a 4% decline in Bitcoin production for Q1, producing 1,473 units versus 1,530 year-on-year, with average daily production at 16.4 units.

Yahoo Finance
Apr 3rd, 2026
Riot Platforms sells 3,778 Bitcoin for $289.5M in Q1, 2.6x its production

Riot Platforms sold 3,778 Bitcoin in Q1 2026 for $289.5 million, 2.6 times its quarterly production of 1,473 BTC. The miner's holdings fell 18% to 15,680 BTC from 18,005 at year-end 2025. The aggressive selling appears linked to Riot's strategic pivot towards high-performance computing colocation and infrastructure hosting, which requires substantial capital. Rising energy costs from Middle East conflict escalation have also compressed industry margins, according to blockchain developer Kadan Stadelmann. Despite the treasury drawdown, operational metrics improved. All-in power costs dropped 21% year-over-year to 3.0¢/kWh, whilst deployed hash rate grew 26% to 42.5 EH/s. Riot generated $21 million in power credits during Q1, double the prior year. The selling follows broader industry trends, with MARA Holdings, Genius Group and Nakamoto Holdings offloading 15,501 BTC combined last week.

Yahoo Finance
Apr 2nd, 2026
Citi maintains buy rating on Riot Platforms despite CLARITY Act slowdown and reduced bitcoin forecast

Citi has maintained its "Buy" rating on Riot Platforms but lowered its price target from $23 to $21, after reducing its base-case bitcoin forecast to $112,000 from $143,000. The firm noted that legislative momentum behind the CLARITY Act has slowed and reduced forecasts across digital asset stocks. All covering analysts hold "Buy" ratings for Riot Platforms as of 30 March 2026, with a consensus price target of $26 implying 114.26% upside potential. Riot reported record 2025 revenue of $647.40 million, up from $376.70 million in 2024, driven primarily by bitcoin mining revenue increasing from $321 million to $576.30 million. The company finished the year with nearly $1.90 billion in liquidity and produced 5,686 bitcoin.

Yahoo Finance
Mar 31st, 2026
Riot Platforms up 10.6% since Cramer advised owning Bitcoin over mining stocks

Riot Platforms, a Bitcoin mining company, has risen 10.6% since Jim Cramer discussed it on Mad Money in July, though shares remain down 9.6% year-to-date. The stock has gained 79% over the past year. During his Mad Money appearance, Cramer advised investors to own Bitcoin directly rather than mining stocks like Riot Platforms, comparing his preference to owning gold over gold miners. He stated he didn't "need leverage" or "trickiness". Recent developments include Riot's August earnings miss, which sent shares down 17%, and positive momentum from a January announcement about purchasing 200 acres in Texas and a 10-year AMD chip lease. In February, shares rose 5.7% after activist investor Starboard urged the company to expand into the data centre market.

Yahoo Finance
Mar 24th, 2026
Riot Platforms targets $1B AMD deal, pivots from Bitcoin mining to AI infrastructure

Riot Platforms has raised eyebrows as a speculative investment combining Bitcoin mining with AI infrastructure development, according to an analysis by RA_Capital. Trading at $13.38, the company has pivoted to a dual revenue model leveraging 1.7 gigawatts of low-cost Texas power capacity. Bitcoin mining generated 92% of 2024's $376.7 million revenue, whilst the company holds 17,722 BTC worth approximately $1.65 billion. Riot recently secured a 10-year, $311 million lease with AMD for hyperscale data centres, with potential expansion to $1 billion. The company achieved profitability in 2024 with $109.4 million net income and industry-leading power costs of 3.4 cents per kilowatt-hour. Analysts cite a 12-month price target of $24–28, noting significant upside potential despite risks including Bitcoin volatility and execution challenges.

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