Riot Platforms Stock Pops as Bitcoin Miner Reports Data Center Revenue, Doubled AMD Deal

Bullish-6.16%

1 May, 16:10

Source: Decrypt

AI Summary

Riot Platforms stock rose after the Bitcoin mining company reported its first data center revenue from AI infrastructure hosting and expanded its AMD partnership.

The Bitcoin mining company's pivot to AI infrastructure hosting generated its first data center revenue as AMD expanded its capacity.