Riot Platforms, Inc.

Riot Platforms, Inc. announced the scheduling of its second quarter 2026 earnings conference call. The call is set for Wednesday, August 5, 2026, at 8:30 A.M. EST. It will be accessible via an audio-only webcast, with a replay available afterward.

Riot Platforms' stockholders approved the Seventh Amendment to the 2019 Equity Incentive Plan at the 2026 Annual General Meeting, increasing the shares reserved for issuance by 15,000,000. Additionally, Lance D’Ambrosio and Michael Turner were elected as Class II Directors, with terms expiring at the 2029 Annual Meeting. Stockholders also ratified the appointment of Deloitte & Touche LLP as the independent auditor for 2026 and approved the compensation of named executive officers for 2025 on an advisory basis.

Riot Platforms, Inc. reported a net loss of $(500.5) million for the first quarter of 2026, a significant increase from the $(296.4) million loss in Q1 2025, despite total revenue growing to $167.2 million. The company launched a new Data Center operating segment, driven by a long-term lease agreement with AMD at its Rockdale Facility, which contributed $33.2 million in revenue. This strategic move aims to diversify revenue streams by leveraging its power assets for high-density compute workloads.

Riot Platforms reported record revenue of $647.4 million in 2025, driven by improved Bitcoin mining efficiency and the completion of Phase I at its Corsicana Facility. The company is strategically evolving into a digital infrastructure platform, leveraging its power assets for non-mining data center applications. Key initiatives include the acquisition of the Rockdale Facility land and a long-term data center lease agreement with AMD, initially for 25 MW and expandable to 150 MW. The Board also approved a phased declassification to annual director elections by 2029.

Riot Platforms reported Q1 2026 financial results, with total revenue increasing to $167.2 million. The company announced AMD exercised an option for an additional 25 MW, expanding total contracted data center capacity to 50 MW. This marks Riot's official transition into an active, revenue-generating data center operator, with $33.2 million in Data Center revenue in its inaugural quarter for this segment.

Riot Platforms, Inc. has entered into a $200,000,000 Second Amended and Restated Credit Agreement with Coinbase Credit, Inc. This agreement, dated April 21, 2026, amends and restates a previous credit agreement from April 22, 2025. The loan is collateralized by Bitcoin (BTC) and features a fixed interest rate, with specific LTV ratios and maturity dates outlined.

Riot Platforms, Inc. has announced its first quarter 2026 earnings conference call. The call is scheduled for Thursday, April 30, 2026, at 4:30 P.M. EST. It will be available as an audio-only webcast, with a replay accessible after the event, providing investors with updates on the company's financial performance.