Riot Platforms (RIOT) surged over 20% after signing a potential $9.1 billion AI infrastructure deal with Anthropic, covering 191 MW of computing capacity at its Texas campus. The deal marks Riot’s shift from Bitcoin mining toward AI data centers, with deployment starting in 2027 and potential revenue rising to $16.1 billion with extensions. Riot’s Q2 revenue reached $174.2 million, while its Bitcoin holdings fell by 4,300 BTC as it funded data-center expansion.
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