Riot posts $167M Q1 revenue as data center unit offsets weaker Bitcoin mining

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Riot posted $167.2 million in first-quarter 2026 revenue, including $33.2 million from its new data center business. Bitcoin mining revenue fell to $111.9 million from $142.9 million a year earlier as lower average Bitcoin prices and a 24% rise in global hash rate pressured results. Riot ended the quarter holding 15,679 Bitcoin worth about $1.1 billion.

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