Riot Platforms Releases Q1 Operational Data: Mined 1,473 BTC, Sold 3,778 BTC for $290 Million
7x24h News
Riot Platforms Releases Q1 Operational Data: Mined 1,473 BTC, Sold 3,778 BTC for $290 Million
According to GlobeNewswire, Bitcoin mining company Riot Platforms (NASDAQ: RIOT) released its unaudited production and operational data for the first quarter of 2026. During Q1, the company mined 1,473 BTC—a 4% decline year-on-year; it sold 3,778 BTC, generating a net revenue of approximately $289.5 million, at an average sale price of about $76,626 per BTC. As of the end of the quarter, Riot held 15,680 BTC (including 5,802 restricted BTC), down 18% year-on-year. In terms of hash rate, its total deployed hash rate reached 42.5 EH/s, up 26% year-on-year; its average operating hash rate stood at 36.4 EH/s, up 23% year-on-year; and its equipment energy efficiency improved to 20.2 J/TH. Additionally, the company’s total power credit revenue amounted to $21 million, up 171% year-on-year, while its all-inclusive power cost decreased to $0.03/kWh, down 21% year-on-year.
Navigating Web3 tides with focused insightsTechFlow News, April 3: According to GlobeNewswire, Bitcoin mining company Riot Platforms (NASDAQ: RIOT) released its unaudited production and operational data for the first quarter of 2026. In Q1, the company mined 1,473 BTC, a 4% decrease year-on-year; it sold 3,778 BTC during the period, generating a net revenue of approximately $289.5 million, with an average selling price of about $76,626 per BTC. As of the end of the quarter, the company held 15,680 BTC (including 5,802 restricted BTC), down 18% year-on-year. Regarding hash rate, its total deployed hash rate reached 42.5 EH/s, up 26% year-on-year; its average operating hash rate stood at 36.4 EH/s, up 23% year-on-year; and its equipment energy efficiency improved to 20.2 J/TH. Additionally, the company’s total power credit income amounted to $21 million, up 171% year-on-year, while its all-inclusive power cost declined to $0.03/kWh, down 21% year-on-year.
