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Riot Platforms Pivots to AI Data Centers as Bitcoin Mining Revenue Drops 21%

RIOT10-QFiling Date: 4/30/2026
Riot Platforms, Inc.
Description

What this story covers

Riot Platforms shifts to AI data centers, generating new revenue. Despite a $500.5 million net loss from Bitcoin volatility, Riot expanded hash rate capacity. The company leverages power infrastructure for high-performance computing and AI, hedging against market swings.

Story snapshot

CompanyRiot Platforms, Inc.
TickerRIOT
VariantStandard detailed
Duration12:21
Filing type10-Q
PeriodQ1 2026
IndustryIndustrials & Manufacturing
Accession0001104659-26-053120
Sources1

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Primary Sources

sec_filing10-QView on SEC.gov →

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