Riot Blockchain 1Q Revenue $160 Million...Data Center Business Accelerates

Listed cryptocurrency mining company Riot Blockchain announced its Q1 2026 earnings. Total revenue reached $167 million, with $33.2 million in initial revenue specifically from its newly expanded data center business. During this period, Riot mined a total of 1,473 Bitcoins, with the mining cost per Bitcoin estimated at approximately $44,600. Additionally, the contracted hashrate capacity was expanded to 50MW due to the exercise of an option by partner AMD. Riot stated that it currently holds approximately 15,679 Bitcoins.