Riot Platforms

Riot Platforms locked in a $9.1 billion Anthropic deal, but its bridge loan expires before the rent starts

The December 2026 maturity leaves Riot’s still-undisclosed credit backstop at the center of the project’s financing handoff.

CryptoSlate•Oluwapelumi Adejumo24 Aug

Bitcoin crash forced Riot to pledge 1,825 BTC, but this huge rally may now free up 1,500 BTC

Riot Platforms entered 2026 with 3,977 BTC pledged against a $200 million Coinbase loan. Bitcoin then fell far enough that the agreement required another 1,825 BTC, taking the collateral balance to 5,802 in February. Those coins still belonged to Riot and sat in a segregated custody account under Coinbase's lien. Riot couldn't deploy them elsewhere […]

CryptoSlate•Andjela Radmilac22 Aug

Riot Platforms Sold 9,665 Bitcoin in H1 2026 to Fund AI Pivot

Riot Platforms sold 4,300 BTC in the second quarter of 2026, pushing its six-month total to 9,665 bitcoin as the Texas-based miner leans harder into artificial intelligence (AI) infrastructure. Q2 Sale Draws Down One of Mining’s Largest Treasuries Riot Platforms disclosed it sold 4,300 BTC during the second quarter of 2026, drawing down one of […]

Bitcoin.com News•Shiraz Jagati19 Aug

RIOT stock gains 4.7% as JPMorgan lifts target to $22

RIOT stock has climbed 4.7% to $19.91 after JPMorgan raised its Riot Platforms price target to $22 following the Bitcoin miner’s $9.1 billion data center agreement reportedly involving Anthropic. JPMorgan sees momentum building at Riot Platforms On Aug. 1, JPMorgan…

Crypto.news•Lawrence Mondal17 Aug

Riot Platforms signs $9B AI compute deal with Anthropic, shifts from Bitcoin mining

Riot's pivot to AI infrastructure may boost its market value, reflecting a broader trend of rising demand for AI capabilities.

CryptoBriefing•Estefano Gomez16 Aug

AI Over Bitcoin: Mining Giant Riot Cashes Out 4,300 BTC for Data Center Buildout

As Bitcoin mining margins hit historic lows, giant Riot Platforms liquidates 4,300 BTC to build more data centers amid massive shift into AI infrastructure.

U.Today•Gamza Khanzadaev13 Aug

Riot Platforms sells 4,300 BTC to fund operations and its pivot toward AI infrastructure

Riot's strategic shift to AI infrastructure diversifies revenue streams, reducing reliance on volatile Bitcoin mining and enhancing investor appeal.

CryptoBriefing•Editorial Team13 Aug

Bitcoin Mining News: Riot Platforms Anthropic AI Lease Explained

Riot Platforms’ 191-megawatt Anthropic lease creates $9.1 billion in contracted revenue, shifting its value beyond Bitcoin mining volatility.

CryptoNews•Ahmed Barakat12 Aug

Riot’s Anthropic Deal Shows Bitcoin Miners Are Moving Deeper Into AI Compute

Riot Platforms has signed a long-term data center lease agreement tied to Anthropic, giving the Bitcoin miner another route into AI and high-performance computing as miners continue looking beyond block rewards.

NewsBTC•NewsBTC Editorial Team11 Aug

Analyst predicts 55% rally for Riot Platforms stock on $9B Anthropic deal

Riot's pivot to AI infrastructure could redefine its market perception, offering stable revenue and diversifying beyond volatile crypto mining.

CryptoBriefing•Editorial Team11 Aug

Anthropic Signs Huge Data Center Deal With Bitcoin Miner Riot Platforms

A big data center lease just sent Riot Platforms shares soaring, after Bloomberg named the undisclosed tenant as Anthropic.

Bankless•Bankless11 Aug

Anthropic Emerges as ‘Frontier AI Lab’ Behind Riot’s $9.1B AI Deal

Anthropic has agreed to take 191 megawatts of computing capacity at Riot Platforms’ Rockdale campus in Texas. The 20-year agreement could ultimately be worth $16.1 billion, accelerating Riot’s transformation from bitcoin miner to AI infrastructure provider. Riot Converts Texas Bitcoin Power Into $9.1B AI Revenue Anthropic is turning to a former pure-play bitcoin miner for […]

Bitcoin.com News•Emmanuel Musa11 Aug

Riot Platforms Signs $9.1B AI Data Center Deal Reportedly With Anthropic

The transition of Riot Platforms from Bitcoin mining will be quickened following its 20-year deal for 191 megawatts of power in its Rockdale campus in Texas. Riot Platforms anticipates that the deal will yield about $9.1 billion before June 2048, and two five-year extension deals would bring the total potential

TheNewsCrypto•Lakshya Baskar11 Aug

Bernstein raises Riot Platforms price target to $35 as Bitcoin miner’s AI pivot gains traction

Riot's AI pivot highlights a strategic shift for crypto firms, diversifying revenue streams and reducing reliance on volatile Bitcoin markets.

CryptoBriefing•Editorial Team11 Aug

Anthropic secures $9.1B power deal with Riot Platforms for AI infrastructure in Texas

This deal highlights a shift in the crypto mining industry towards stable AI infrastructure revenue, redefining them as energy businesses.

CryptoBriefing•Editorial Team11 Aug

Bitcoin miner Riot lands $9B Anthropic lease: Assessing impact on BTC as revenue expands

Riot Platforms shares surged 25% after announcing a 20-year data center lease with Anthropic.

AMBCrypto•Gladys Makena11 Aug

Riot Platforms surges 20% in pre-market trading on $9.1 billion Anthropic deal

CoinDesk•James Van Straten11 Aug

Riot Platforms signs $9.1B AI deal reportedly with Anthropic

Riot Platforms signed a $9.1B Texas data center lease for 191 MW, with Bloomberg identifying Anthropic as the unnamed frontier AI tenant.

Crypto.news•Olivia Stephanie11 Aug

Bitcoin Miner Riot Secures Massive Deal With Anthropic

Riot Platforms has secured a massive long-term deal with artificial intelligence company Anthropic.

U.Today•Alex Dovbnya11 Aug

Riot Platforms shares soar 25% after-hours on news of $9.1B Anthropic deal

Riot's strategic pivot towards AI infrastructure highlights a growing trend of tech firms diversifying to capitalize on AI demand.

CryptoBriefing•Vivian Nguyen11 Aug