# Riot Platforms' total quarterly revenue reached $167.2 million in Q1 2026, up from $161.4 million year-over-year.

*fintech · news · 2026-05-01 · Decrypt*

## Key points

- Riot Platforms generated $33.2 million in data center revenue in its first quarter operating as an AI infrastructure host.
- AMD exercised an option to double Riot’s contracted data center capacity to 50 megawatts during Q1 2026.
- Bitcoin mining revenue for Riot fell sharply to $111.9 million due to lower Bitcoin prices and higher network difficulty.
- Engineering and infrastructure services revenue rose to $22.2 million, up from $13.9 million year-over-year.
- Riot’s strategic shift now positions it as both a Bitcoin miner and a data center operator for AI workloads.

**Companies:** AMD, Riot Platforms

[Read the full story on Decrypt](https://decrypt.co/366347/riot-stock-pops-bitcoin-miner-data-center-revenue-doubled-amd-deal)

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