According to Riot Platforms’ Q1 2026 earnings release on Thursday (April 30), the bitcoin mining company reported $33.2 million in debut data center revenue, while Advanced Micro Devices elected to double its contracted capacity to 50 megawatts. The new segment accounted for roughly 20% of Riot’s total quarterly revenue of $167.2 million and marks a major milestone in the company’s diversification beyond bitcoin mining into AI and hyperscaler infrastructure. AMD exercised an expansion option during the quarter to add 25 MW of capacity, with further expansion options of up to 200 MW remaining available.
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