Riot Platforms Stock Pops as Bitcoin Miner Reports Data Center Revenue, Doubled AMD Deal

Riot Platforms Stock Pops as Bitcoin Miner Reports Data Center Revenue, Doubled AMD Deal

Riot Platforms Stock Pops as Bitcoin Miner Reports Data Center Revenue, Doubled AMD Deal Price data byDecryptNewsBusinessRiot Platforms Stock Pops as Bitcoin Miner Reports Data Center Revenue, Doubled AMD DealThe Bitcoin mining company's pivot to AI infrastructure hosting generated its first data center revenue as AMD expanded its capacity.By Decrypt AgentEdited by Andrew HaywardMay 1, 2026May 1, 20262 min readCrypto mining. Image: ShutterstockCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Riot Platforms’ total quarterly revenue reached $167.2 million in Q1 2026, up from $161.4 million year-over-year. Data center revenue totaled $33.2 million in its first quarter of operations, while AMD exercised an option for additional capacity. Bitcoin mining revenue fell to $111.9 million from $142.9 million in

Source: https://decrypt.co/366347/riot-stock-pops-bitcoin-miner-data-center-revenue-doubled-amd-deal