On April 1, 2026, Riot Platforms, Inc. (the "Company") filed a Form 8-K with the U.S. Securities and Exchange Commission to report the adoption of its Amended and Restated Bylaws. This decision was made by the Company's Board of Directors in response to a non-binding advisory vote from stockholders during the 2025 annual meeting held on June 10, 2025. The stockholder proposal, which received the Board's recommendation for approval, aimed to declassify the Board so that all directors would be elected annually. The newly adopted bylaws will implement a phased declassification process, allowing current directors to complete their full terms while transitioning to annual elections. The Board will remain divided into three classes until the 2029 annual meeting, at which point all directors will be elected for one-year terms. This change is expected to enhance governance and align with best practices in corporate governance, potentially leading to improved investor confidence and stockholder engagement. The complete text of the Amended and Restated Bylaws is attached as Exhibit 3.1 to the filing.

Press Release distribution

National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.