Jason Les is the CEO of Riot Platforms, Inc., a cryptocurrency mining company. He earned a Bachelor of Science in Information & Computer Science from U.C. Irvine in 2010. Not only does he have a technical background, but he also...

Jason Les is the CEO of Riot Platforms, Inc., a cryptocurrency mining company. He earned a Bachelor of Science in Information & Computer Science from U.C. Irvine in 2010. Not only does he have a technical background, but he also has a unique history as a professional poker player, known for his skills in high-stakes games. Les competed against advanced poker AI at Carnegie Mellon University, becoming a benchmark for testing their capabilities. His deep understanding of technology and market strategy is crucial in guiding Riot's development in the volatile crypto industry. Since becoming CEO on February 8, 2021, he has focused on aligning the company's growth with performance metrics and cryptocurrency trends. In 2022, Les received total compensation of over $21 million, partly due to performance-based incentives tied to cryptocurrency fluctuations. His compensation plan reflects his commitment to performance and company success, ensuring he has a vested interest in Riot's future. Under his leadership, Riot has aimed to improve operational efficiency and financial health in a booming yet challenging industry.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Riot Platforms, Inc. CEOs

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Jason Les

Ex-CEO of Riot Platforms, Inc.

Education

Bachelor of Science in Information & Computer Science from U.C. Irvine

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

January 1, 1985 - 40 years ago

CEO of Riot Platforms, Inc. for

1 year 3 months (Feb 2021 - Jun 2022)

Previous Experience

Independent Board member since November 2017, deep involvement with Bitcoin since 2013, experience in cryptocurrency mining, engineer studying protocol development, founding partner of Binary Digital.

Rivals

Competitors/colleagues of Jason Les

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Zachary K. Bradford

CEO of CleanSpark

2023 Compensation

Stock

$0.00

Salary

$600.00K

Bonus

$2.60M

Other

$352.81K

Total Holdings

$25.76M

C

Brian Armstrong

Founder and CEO of Coinbase Global, Inc.

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$0.00

Other

$3.70M

Total Holdings

$8.55B

Holdings

See how much did Jason Les make over time.

As the CEO of Riot Platforms, Jason Les has seen significant fluctuations in his stock holdings, reflective of the volatile nature of cryptocurrency markets. In 2022, his total compensation included a substantial cash component alongside Bitcoin, illustrating his deep investment...

As the CEO of Riot Platforms, Jason Les has seen significant fluctuations in his stock holdings, reflective of the volatile nature of cryptocurrency markets. In 2022, his total compensation included a substantial cash component alongside Bitcoin, illustrating his deep investment in crypto. Les's holdings experienced a notable increase due to the company's performance metrics tied to cryptocurrency prices. At certain points in 2021 and 2022, a large portion of his wealth was tied up in Riot's stock and Bitcoin, where investor sentiments and market changes worked together to shape his financial standing. This relationship highlights the risks and rewards inherent in the cryptocurrency space and how they apply directly to the leadership of companies like Riot.

Mar 18, 2025

R

shares

RIOT @ $7.40

Total Stock Sold

$3.78M

RIOT

$3.78M

268,500 RIOT shares

What if they kept their stock?

If Jason Les didn't sell their stock, today they would have:
Extra RIOT268,500 shares worth $706.16K.
This is -81.31% and $3.07M less than what they got when they sold the stock.

Charitable Transactions

RIOT

41,000 shares

RIOT

Recent Charitable Transactions

RIOT

25,000 shares

RIOT

Dec 31, 2023

Charity

RIOT

5,000 shares

RIOT

Jun 1, 2023

Charity

RIOT

5,000 shares

RIOT

May 25, 2023

Charity

RIOT

3,000 shares

RIOT

Dec 3, 2021

Charity

RIOT

3,000 shares

RIOT

Nov 24, 2020

Charity

Insider Trading

See recent insider trades of Jason Les.

RIOT

$567.00K

RIOT at $11.34/share

Dec 10, 2024

Sale

RIOT

1,130,652 shares

RIOT

Jul 1, 2024

Received

RIOT

5,000,000 shares

RIOT

Jan 3, 2024

Received

RIOT

25,000 shares

RIOT

Dec 31, 2023

Charity

RIOT

554,460 shares

RIOT

Jul 13, 2023

Received

RIOT

$581.50K

RIOT at $11.63/share

Jun 1, 2023

Sale

RIOT

5,000 shares

RIOT

Jun 1, 2023

Charity

RIOT

5,000 shares

RIOT

May 25, 2023

Charity

RIOT

$541.50K

RIOT at $10.83/share

May 25, 2023

Sale

RIOT

2,971,768 shares

RIOT

Sep 27, 2022

Received

Compensation History

See how much did Jason Les make over time.

In 2022, Jason Les earned a total compensation package of approximately $21.5 million, which illustrates the high stakes in his role as CEO of Riot Platforms. This package included a base salary of $679,757, with a notable bonus structure grounded in performance incentives. Specifically, part of his bonus came in the form of Bitcoin, which was valued at approximately $140,891 at year-end. The stock awards component included millions of unvested shares that could yield substantial returns based on company performance, showing a strong link between his compensation and Riot’s success. His compensation reflects a commitment to align management interests with shareholder value, incentivizing him to steer the company effectively amid the challenges of the crypto industry. Over recent years, his compensation has varied widely, reflecting the company's trajectory amid market volatility.

Year

2022

Total Compensation

$691.87K

Salary

$679.76K

Board Justification

The compensation philosophy aligns with company performance and peer benchmarking, focusing on retention strategies and competitive compensation to attract top talent.

Bonus

$0.00

Board Justification

The 2022 AIP non-equity compensation for Mr. Les includes $370,333 in cash and 8.80 Bitcoin, with an aggregate fair value of $140,891.55, measured as of December 31, 2022.

Other

$12.11K

Board Justification

Reflects the amounts paid on behalf of Mr. Les in 2022 for medical insurance coverage of $6,611 and 401K match of $5,500.

Restricted Stock

$0.00(0 RSAs)

Board Justification

The total stock awards include 2,971,768 RSAs granted on September 27, 2022, which vest as to one half on June 1, 2023 and June 1, 2024, and 378,334 unvested PRSAs which were originally granted on August 12, 2021 pursuant to the Performance Plan.

Performance Metrics

The performance metrics for the AIP are based on individual performance objectives established during the year.

Other Riot Platforms, Inc. CEOs

Here are other CEOs of Riot Platforms, Inc.

Jeffrey G. McGonegal

Ex-CEO of Riot Platforms, Inc.

February 2019 - February 2021

Colin Yee

Ex-CEO of Riot Platforms, Inc.

August 2022 - June 2024