{"id":70596,"date":"2026-04-03T10:29:32","date_gmt":"2026-04-03T10:29:32","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/riot-platforms-sells-3778-bitcoin-in-q1-2026-raising-289-5-million-for-data-center-expansion-mining-bitcoin-news\/"},"modified":"2026-04-03T10:29:32","modified_gmt":"2026-04-03T10:29:32","slug":"riot-platforms-sells-3778-bitcoin-in-q1-2026-raising-289-5-million-for-data-center-expansion-mining-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/riot-platforms-sells-3778-bitcoin-in-q1-2026-raising-289-5-million-for-data-center-expansion-mining-bitcoin-news\/","title":{"rendered":"Riot Platforms Sells 3,778 Bitcoin in Q1 2026, Raising $289.5 Million for Data Center Expansion \u2013 Mining Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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Riot Platforms Q1 2026 Update<\/h2>\n

The Texas-based bitcoin miner<\/span> and data center developer (Nasdaq: RIOT<\/a>) sold more than 2.5 times the 1,473 BTC<\/span> it produced during the quarter. The company described the sales as routine treasury management to generate fiat liquidity<\/span> for operational and capital expenses. Riot\u2019s bitcoin<\/span> holdings fell to 15,680 BTC<\/span> by quarter\u2019s end, down 18% from 19,223 BTC<\/span> held at the close of Q1 2025. Of the current holdings, 5,802 BTC<\/span> are restricted.<\/p>\n

Riot has consistently converted portions of its mined bitcoin<\/span> to fund electricity costs, hardware procurement, and infrastructure projects. The Q1 2026 sales follow roughly $200 million in bitcoin<\/span> liquidations during late 2025 that helped finance the company\u2019s Corsicana, Texas AI data center project. Analysts have characterized the Q1 activity as strategic liquidity<\/span> positioning rather than distressed selling.<\/p>\n

Operational metrics showed measurable improvement despite a 4% dip in bitcoin<\/span> production year-over-year. Deployed hashrate<\/a> reached 42.5 exahashes per second at quarter\u2019s end, up 26% from 33.7 EH\/s in Q1 2025. Average operating hashrate<\/span> for the quarter climbed 23% to 36.4 EH\/s. Fleet efficiency improved to 20.2 joules per terahash from 21.0 J\/TH a year earlier.<\/p>\n

Power economics shifted favorably. 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, driven by expanded demand-response participation at Riot\u2019s Texas<\/a> and Kentucky<\/a> facilities.<\/p>\n

RIOT shares rose approximately 1.5% on Thursday while several mining peers declined. Analyst consensus has remained generally favorable toward Riot\u2019s pivot to high-performance computing (HPC) and artificial intelligence<\/a> (AI) data center development. Full Q1 2026 financial results, including the income statement impact of the bitcoin<\/span> sales, are expected later in April.<\/p>\n

The Q1 report positions Riot as a company using its bitcoin<\/span> treasury to fund infrastructure growth across its sites rather than holding assets passively, an approach shared by several publicly traded miners managing post-halving margin pressure in early 2026.<\/p>\n

FAQ \ud83d\udd0e<\/h2>\n