Riot Platforms reports $167.2M Q1 revenue, expands AMD data center contract to 50 MW.

Riot Platforms announced Q1 2026 revenue of $167.2 million, including $33.2 million from its new data center operations. The company secured an additional 25 MW contract with AMD, doubling their total contracted capacity to 50 MW, signaling strong demand for its data center services. Despite a slight drop in bitcoin production and mining revenue due to market conditions, Riot is transitioning into a revenue-generating data center operator with robust liquidity and strategic growth plans. This expansion positions Riot to capitalize on growing digital infrastructure needs and enhance shareholder value.