Riot reports Q1 2026 bitcoin production down 4%, sells $289.5M in bitcoin, and boosts hash rate 26%.

Riot Platforms announced its Q1 2026 production and operations update, showing a 4% decrease in bitcoin produced compared to Q1 2025, with 1,473 bitcoins mined. Despite this, the company sold 3,778 bitcoins, generating net proceeds of $289.5 million at an average price of $76,626 per bitcoin. Riot increased its deployed hash rate by 26% to 42.5 EH/s and improved fleet efficiency while reducing power costs by 21%. The company is expanding its data center development and continues recruiting to support growth in digital infrastructure and bitcoin mining operations.