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Riot Platforms reported first-quarter 2026 revenue of $167.2 million.
Riot Platforms reported its first quarter of data center revenue, totaling $33.2 million.
KEY POINTS
- 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
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