Bitcoin · Crypto Briefing
Riot Platforms posts $181.4 million Q3 revenue, signs $28 billion Corsicana lease
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The Bitcoin miner locks in a 15-year data center deal in Texas as its pivot toward AI and high-performance computing picks up speed.
Key facts
- Q3 revenue landed at $181.4 million, up from the $174.2 million Riot reported in Q2 2026
- Earlier, the company signed a 20-year, $9.1 billion lease for 191 megawatts at its Rockdale site with a notable AI lab
- Riot is managing a $573 million bridge facility due by December 31, 2026
- Riot Platforms reported $181.4 million in revenue for the third quarter of 2026
Summary
Riot Platforms reported $181.4 million in revenue for the third quarter of 2026. Q3 revenue landed at $181.4 million, up from the $174.2 million Riot reported in Q2 2026. The Corsicana campus holds 1 gigawatt of approved utility power, which supports up to 756 megawatts of IT capacity. The Corsicana deal did not come out of nowhere.