Riot Platforms Mines 1,473 Bitcoin, Sells 3,778 BTC in Q1 2026
According to Riot Platforms’ official announcement, the company reported lower power costs and higher deployed hash rate in Q1 2026 alongside Bitcoin sales that reduced quarter-end holdings.
BTC
Summary
According to Riot Platforms’ official announcement, the company produced 1,473 BTC in Q1 2026 and sold 3,778 BTC for $289.5 million in net proceeds at an average sale price of $76,626 per Bitcoin. Riot said its quarter-end Bitcoin holdings totaled 15,680 BTC. The company also reported a total deployed hash rate of 42.5 EH/s and an all-in power cost of 3.0 cents per kWh.
Terms & Concepts
- BTC: The ticker symbol for Bitcoin, the native cryptocurrency of the Bitcoin network.
- hash rate: A measure of the computational power used in Bitcoin mining, often expressed in exahashes per second (EH/s).
- Bitcoin holdings: The amount of Bitcoin a company retains on its balance sheet or in treasury at a given reporting date.