Riot Platforms reports $167 million Q1 revenue, data‑center arm earns $33 million
Fast facts
- Category: Crypto
- Language: EN
- Published: 2026-05-02 06:18 UTC
- Sources: CoinTelegraph
Cryptocurrency mining firm Riot Platforms posted first‑quarter revenue of $167 million, driven by strong demand for its mining services. Its newly launched data‑center division contributed $33 million in revenue during the same period. The company said the results reflect continued growth in Bitcoin mining profitability and expanding enterprise‑level hosting solutions.