Riot stock, Bitcoin mining company, rises 24% after a $9.1 billion AI deal with Anthropic
- Anthropic has signed a 20-year agreement with Riot Platforms to pay $9.1 billion for computing capacity at Riot’s Texas campus, significantly boosting Riot stock by 24% in after-hours trading.
- Riot will provide 191 megawatts of power, enough to supply about 143,000 households, although both companies have not yet publicly confirmed the details of the deal.
- The agreement aligns with a trend among Bitcoin mining firms, including Riot, to sell BTC to fund AI infrastructure; publicly listed mining companies have sold a total of more than 32,000 BTC in early 2026 to invest in AI contracts.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
- Anthropic has signed a 20-year agreement with Riot Platforms to pay $9.1 billion for computing capacity at Riot’s Texas campus, significantly boosting Riot stock by 24% in after-hours trading.
- Riot will provide 191 megawatts of power, enough to supply about 143,000 households, although both companies have not yet publicly confirmed the details of the deal.
- The agreement aligns with a trend among Bitcoin mining firms, including Riot, to sell BTC to fund AI infrastructure; publicly listed mining companies have sold a total of more than 32,000 BTC in early 2026 to invest in AI contracts.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto