Riot Platforms has announced its first-quarter financial results, revealing $33.2 million in data center revenue, primarily from low-margin tenant build-out services. This marks the first time the company has achieved such revenue levels in this segment. AMD has exercised its option to double its contracted capacity from 25 MW to 50 MW, with the potential to expand to 200 MW in the future. Currently, 5 MW of this capacity is operational and generating revenue, with the remainder expected to be online in the second quarter. Overall, Riot Platforms reported total revenue of $167.2 million for the first quarter, with its Bitcoin mining operations contributing $111.9 million. The company holds 15,679 Bitcoin, valued at approximately $1.2 billion, ranking it as the seventh-largest public holder of Bitcoin globally.