Crypto mining company Riot Platforms announced Q1 2026 revenue of $167 million, with data center business revenue of $33.2 million, marking its first revenue contribution. This quarter produced 1,473 BTC, with a mining cost of approximately $44.6k per coin. At the same time, AMD exercised an additional 25MW expansion option, increasing contracted hash rate capacity to 50MW. The company stated it is transitioning from mining to data center operations and maintains a reserve of about 15,679 BTC.

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