CryptoWorld News reports that Riot Platforms announced that its data center revenue for the first quarter was $33.2 million, accounting for approximately 20% of its total revenue of $167.2 million. Despite a year-over-year decline in mining revenue, Riot sold 3,778 BTC during this period and still holds 15,679 BTC, valued at about $1.2 billion. The company has delivered 5 megawatts of capacity under an agreement with AMD and expects to expand further in the second quarter, while expansion work in Texas is also underway. Riot's stock price increased by approximately 7.9% in the past 24 hours, reflecting market optimism about its diversification strategy and positioning in the AI infrastructure market.