Bitcoin Miner Riot reports $289.5 million in revenue after selling 3,778 BTC in Q1 2026.

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
BTC news today: Riot Platforms disclosed its unaudited Q1 2026 data, revealing 1,473 BTC mined at a daily average of 16.4 BTC, a 4% year-over-year decline. The miner sold 3,778 BTC, generating $289.5 million in revenue at an average price of $76,626 per BTC. Riot held 15,680 BTC at quarter-end, including 5,802 restricted coins, representing an 18% decrease from the prior year.

Odaily Planet Daily reports that Riot Platforms released its unaudited production and operational data for the first quarter of 2026. During the quarter, the company produced a total of 1,473 BTC, averaging 16.4 BTC per day, a 4% year-over-year decrease. It sold 3,778 BTC, generating net revenue of $289.5 million at an average selling price of $76,626. As of the end of the quarter, it held 15,680 BTC, including 5,802 restricted bitcoins—a 18% year-over-year decline.

In terms of hashing power, the total deployed hashing power reached 42.5 EH/s, a 26% year-over-year increase; the average operational hashing power was 36.4 EH/s, up 23% year-over-year. Equipment energy efficiency improved to 20.2 J/TH, a 4% year-over-year optimization. Total electricity credits amounted to $21 million, a 171% year-over-year increase, including $7.5 million in demand response credits, up 278% year-over-year. The combined electricity cost decreased to $0.03 per kWh, a 21% year-over-year reduction.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.