Riot Reports $33.2M Data Center Revenue as AMD Expands to 50 MW

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Riot Platforms reported $33.2 million in first-quarter data center revenue, the segment’s first quarter in its results. Total revenue reached $167.2 million after AMD doubled its contracted capacity with Riot to 50 MW during the quarter. Bitcoin mining contributed $111.9 million, and Riot said most data center revenue came from lower-margin tenant fit-out services.

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