"Riot Platforms sold 3,778 bitcoin during the first quarter of 2026, generating $289.5 million in net proceeds at an average price of $76,626 per BTC. The company described the sales as routine treasury management to generate fiat liquidity for operational and capital expenses."
"Despite a 4% dip in bitcoin production year-over-year, operational metrics showed measurable improvement. Deployed hashrate reached 42.5 exahashes per second at quarter's end, up 26% from 33.7 EH/s in Q1 2025."
"All-in power cost fell to 3.0 cents per kilowatt-hour from 3.8 cents in Q1 2025, a 21% reduction. Total power credits reached $21 million, up 171% from $7.8 million in the year-ago period."
Riot Platforms sold 3,778 bitcoin in the first quarter of 2026, generating $289.5 million at an average price of $76,626 per BTC. The company produced 1,473 BTC during the same period, indicating routine treasury management for liquidity. Bitcoin holdings decreased to 15,680 BTC, with 5,802 BTC restricted. Despite a 4% year-over-year dip in production, operational metrics improved, including a 26% increase in deployed hashrate and a reduction in power costs. Total power credits rose significantly due to expanded demand-response participation.
Read at news.bitcoin.com
Unable to calculate read time
Collection
[
|
...
]