Apr. 30 at 11:12 PM
$RIOT the magic word is data center. This is beginning to look really good.
Revenue Beat: Reported
$167.2 million, significantly exceeding the forecasted
$122.26 million.
Held 15,679 Bitcoin as of March 31, 2026, valued at over
$1 billion.
Positive TakeawaysData Center Pivot:
Riot is successfully pivoting towards becoming a data center operator, not just a miner. Data center revenue reached
$33.2 million, with high margins (91% gross margin) from leasing.Major Partnerships: The company announced a 25 MW expansion with AMD, signaling growing institutional demand for its infrastructure. I have been holding this for the last year and a half. Expecting a huge explosion sooner or later.