Riot Platforms surges 11%  as lease deal with AMD marks major AI infrastructure pivot Riot Platforms surges 11%  as lease deal with AMD marks major AI infrastructure pivot

Riot Platforms surges 11% as lease deal with AMD marks major AI infrastructure pivot

The company sold nearly $100 million of bitcoin to fund the purchase of its 200-acre Rockdale site and signed a leasing agreement with Advanced Micro Devices that could deliver $1 billion in revenue.

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James Van Straten

https://www.coindesk.com/markets/2026/01/16/riot-platforms-surges-11-as-lease-deal-with-amd-marks-major-ai-infrastructure-pivot

2026-01-16 15:12:00

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