Riot Platforms Q2 Earnings: Sells 4,300 Bitcoin, Net Loss of $237.2 Million, and Signs $9.1 Billion AI Data Center Agreement with Anthropic
Riot Platforms announced its Q2 2026 financial results, reporting the sale of 4,300 Bitcoin during the period to fund operations and its growing AI data center business, and recording a net loss of $237.2 million, compared to a net income of $219.5 million in the same period last year. The company's Q2 revenue increased by 14% to $174.2 million, with its data center business contributing $23.2 million. Riot mined 1,587 Bitcoin in the second quarter, an 11% increase year-over-year. Additionally, Riot signed a 20-year agreement with AI company Anthropic to provide 191 megawatts of IT capacity, which is expected to generate approximately $9.1 billion in revenue, with a total value potentially reaching $16.1 billion if extension options are included. As of the end of June, Riot held over $1.2 billion in liquid assets, including $548.9 million in cash and 11,380 Bitcoin.
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