Riot reported $167.2 million in first-quarter revenue as AMD doubled contracted capacity at its Rockdale, Texas site from 25 MW to 50 MW, highlighting growing data center activity alongside its core Bitcoin mining business.
Riot Platforms reported $33.2 million in first-quarter data center revenue and $167.2 million in total revenue, including $111.9 million from Bitcoin mining. The company said AMD exercised an option to double contracted capacity at Riot’s Rockdale, Texas site from 25 megawatts to 50 megawatts. Riot also disclosed holdings of 15,679 Bitcoin valued at about $1.2 billion. Separately, according to a post by Bitcoin News on X, Riot shares rose 8% after the AMD expansion drew attention to the company’s growing data center and AI-related infrastructure activity alongside its mining operations.