Riot Platforms, Inc. (NASDAQ: RIOT), a prominent player in the Bitcoin mining and digital infrastructure sector, has announced a pivotal leadership change with the appointment of Jason Chung as its new Chief Financial Officer (CFO). This transition will take effect on March 1, 2026, as reported on riotplatforms.com.
Chung, who is currently serving as Riot”s Executive Vice President and Head of Corporate Development & Strategy, will succeed Colin Yee. Yee has been with the company since 2022 and will move to a Senior Advisor position to facilitate a seamless leadership transfer.
Bringing two decades of expertise in investment banking and corporate finance, Chung is well-equipped to steer Riot”s financial strategy as the company pursues its ambitious growth objectives. Under his guidance, Riot plans to enhance its financial framework in alignment with long-term strategic goals.
The company aims to consolidate its finance and strategy departments, a move anticipated to fortify its standing within the digital infrastructure arena. CEO Jason Les has voiced confidence in Chung”s capabilities, particularly in guiding Riot”s capital allocation strategy and delivering substantial value to stakeholders.
Riot Platforms has established itself as a leader driven by Bitcoin, concentrating on the creation of extensive data centers and mining operations. The company operates facilities in central Texas and Kentucky, with engineering support based in Denver and Houston. As part of its growth trajectory, Riot is also expanding into data center development to cater to the surging demand for high-density computing.
Chung has expressed excitement about taking on the CFO role during a transformative phase for Riot. He highlighted the importance of merging financial discipline with the company”s growth ambitions in digital infrastructure. This strategic integration is projected to enhance operational efficiency and promote disciplined capital allocation, ensuring ongoing value generation for shareholders. With this leadership transition, Riot Platforms is poised to strengthen its financial strategy and maintain its momentum as a key player in digital infrastructure development.
