Riot Platforms Reports First Quarter 2026 Financial Results and Strategic Highlights
Riot Platforms, a US-based Bitcoin mining and data center developer, reported Q1 2026 revenue of $167.2 million, including $33.2 million from its newly operational data center business. AMD exercised an option to double their contracted IT capacity at Riot's data centers to 50 MW, validating Riot's data center expansion strategy. Although Bitcoin m…