Riot Posts $33.2M First Data Center Revenue as AMD Expands Contract to 50 MW

Riot posted $33.2 million in first-quarter data center revenue as AMD expanded its contracted capacity to 50 megawatts. Total quarterly revenue was $167.2 million, with $111.9 million coming from bitcoin mining. Riot said the new segment made up about 20% of revenue as it pushed further into AI and hyperscaler infrastructure.

BTC2.99%
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