Bitcoin Miner Riot Platforms Reports First AI Data Center Revenue as AMD Doubles Down
Published on May 1, 2026.
Bitcoin Miner Riot Platforms has reported its first Q1 2026 revenue from AI infrastructure hosting, generating $33.2 million in data center revenue, marking its first quarter of income from this. The company's stock rose by nearly 9% to $18.74, a 49% increase over the last 30 days. Meanwhile, the Ethereum Foundation doubled down on BitMine, selling another $23M in ETH to Tom Lee's firm. Tether reported a profit of over $1 billion for Q1 2020, with its reserves at an all-time high of $8.23 billion. MoonPay has introduced the MoonAgents Card, enabling AI agents to use stablecoins for online purchases through a partner. North Korean hackers have stolen over $6 billion from crypto projects since 2017.
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