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

Markets, Bitcoin Mining, Riot platforms, News 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. 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. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

More From Author

Early 2026 tailwinds for bitcoin miners as hashrate falls, profitability improves: JPMorgan

Crypto card spending hits $18 billion annualized as stablecoin use shifts to everyday payments

Leave a Reply

Your email address will not be published. Required fields are marked *