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[Riot Platforms Q1 Data Center Revenue Reaches $33.2 Million, AMD Contract Capacity Doubles] Odaily Planet Daily News – According to financial data released by Riot Platforms, the company recorded $33.2 million in data center revenue for the first quarter. Most of this revenue came from lower-margin tenant retrofit services, which involve procuring and installing specific equipment for clients. Notably, AMD has exercised its option to double its contract capacity from 25 MW to 50 MW, with the potential to further increase it to 200 MW in the future. Currently, 5 MW of capacity related to the AMD deal has been delivered and is generating revenue, while the remaining initial capacity is expected to go online in the second quarter. Additionally, Riot Platforms' total revenue for the first quarter was $167.2 million, with its core Bitcoin mining business contributing $111.9 million. The company currently holds 15,679 Bitcoins (valued at approximately $1.2 billion), making it the seventh-largest public Bitcoin holder globally. (The Block)

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