Riot Platforms Q2 Net Loss $(237.2)M; Secures $9.1B Data Center Lease

Riot Platforms reported a net loss of $(237.2) million for Q2 2026, a significant decline from a net income of $219.5 million in Q2 2025, with basic EPS of $(0.68). Total revenue increased by 13.8% to $174.2 million, driven by strong growth in its new Data Center and Engineering segments, offsetting a decline in Bitcoin Mining revenue. The company also announced a new long-term data center lease in August 2026 for 191 MW, expected to generate $9.1 billion in base rent, and secured a $573 million credit facility to fund its development.