Riot Blockchain Q1 revenue hits $167M as data center business launches

Listed cryptocurrency mining company Riot Blockchain has announced its financial results for the first quarter of 2026. The company reported total revenue of $167 million, with its newly expanded data center business generating its first revenue of $33.2 million. During the period, Riot mined a total of 1,473 bitcoins at an average cost of approximately $44,600 per coin. Additionally, the exercise of options by partner AMD has increased the company's contracted hashrate capacity to 50 MW. Riot stated that it currently holds approximately 15,679 bitcoins.