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Riot Platforms announces Q1 operational data: produced 1,473 BTC, sold 3,778 BTC, earning $290 million.
Deep Tidal TechFlow message, April 03, according to a report by GlobeNewswire, Bitcoin miner Riot Platforms (NASDAQ: RIOT) released its unaudited production and operating data for the first quarter of 2026. In Q1, it produced 1,473 BTC, down 4% year over year; during the period, it sold 3,778 BTC, with net revenue of approximately $289.5 million and an average selling price of approximately $76,626. As of the end of the quarter, the company held 15,680 BTC (including 5,802 BTC in restricted status), down 18% year over year. In terms of hashing power, total deployed hashing power reached 42.5 EH/s, up 26% year over year; average operating hashing power was 36.4 EH/s, up 23% year over year; and equipment energy efficiency improved to 20.2 J/TH. In addition, the company’s total electricity total credit revenue was $21.0 million, up 171% year over year, and its total integrated electricity cost fell to 3.0 cents/kWh, down 21% year over year.