Riot Posts $167M in Q1 Revenue as Data Center Arm Pulls in $33M

Riot Posts $167M in Q1 Revenue as Data Center Arm Pulls in $33M

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million. The data center revenue helped offset a decline in Riot’s core Bitcoin mining business, which fell to $111.9 million from $142.9 million in Q1 2025, driven by lower average Bitcoin prices and a 24% rise in the global network hash rate. Riot produced 1,473 Bitcoin during the quarter, down from 1,5…

Riot Posts $167M in Q1 Revenue as Data Center Arm Pulls in $33M - Invest In Crypto News

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million. The data center revenue helped offset a decline in Riot’s core Bitcoin mining business, which fell to $111.9 million from $142.9 million in Q1 2025, driven by lower average Bitcoin prices and a 24% rise in the global network hash rate. Riot produced 1,473 Bitcoin during the quarter, down from 1,5…

Riot Q1: Data Center Shone with 33.2M$ Revenue

Riot Platforms materialized its move away from Bitcoin mining by reporting 33.2 million dollars in revenue from data center operations in the first

Riot Posts $167M in Q1 Revenue as Data Center Arm Pulls in $33M – #CryptoUpdatesGNIT

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million. The data center revenue helped offset a decline in Riot’s core Bitcoin mining business, which fell to $111.9 million from $142.9 million in Q1 2025, driven by lower average Bitcoin prices and a 24% rise in the global network hash rate. Riot produced 1,473 Bitcoin during the quarter, down from 1,5…

Riot Platforms Q1 Revenue Hits $167M; Data Center Arm Earns $33M

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center segment contributing $33.2 million. The results show a company pivoting from a pure-play Bitcoin miner to a revenue-generating data center operator, even as its core mining business faced pressure from weaker Bitcoin prices and a stronger global hash rate. Riot produced 1,473 BTC in the quarter, while mining costs rose slightly as t…