# Riot Platforms reported first-quarter 2026 revenue of $167.2 million.

*fintech · news · 2026-05-01 · Crypto News*

## Key points

- Riot Platforms reported its first quarter of data center revenue, totaling $33.2 million.
- AMD doubled its contracted capacity with Riot to 50 megawatts of critical IT capacity.
- Riot sold 3,778 Bitcoin in Q1 2026, generating $289.5 million in proceeds.
- Riot's average cost to mine Bitcoin rose to $44,629 due to a higher global hash rate.
- Riot ended Q1 2026 with 15,679 Bitcoin, valued at about $1.1 billion.

**Companies:** AMD, Riot Platforms

[Read the full story on Crypto News](https://crypto.news/riot-q1-results-show-bitcoin-pressure-and-ai-data-center-growth/)

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