Riot Posts $33.2M Q1 Data Center Revenue as AMD Doubles Contracted Capacity

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Riot Platforms posted $33.2 million in first-quarter data center revenue for the first time. AMD exercised an option to double contracted capacity from 25 MW to 50 MW, with room to expand to 200 MW. Riot Platforms said 5 MW tied to the AMD deal is already generating revenue, and the remaining initial capacity is expected to come online in the second quarter.

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