·6 min read
A Bitcoin Miner Signed a 20-Year, $9.1 Billion Lease With an AI Lab
Riot leased 191 MW at Rockdale to Anthropic for 20 years at about $9.1B, up to $16.1B with extensions. The stock gave back most of the pop by the close.
Riot leased 191 MW at Rockdale to Anthropic for 20 years at about $9.1B, up to $16.1B with extensions. The stock gave back most of the pop by the close.
Riot rose 1.8% on June 12 as its bitcoin-to-AI pivot matured — $33.2M in first data-center revenue and a 10-year AMD lease scaling toward 200 MW.