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Category Riot Platforms

Anthropic Signs $9.1B Deal With Bitcoin Miner Riot Platforms

Anthropic Signs $9.1B Deal With Bitcoin Miner Riot Platforms

Key Insights Anthropic struck a 20-year, $9.1 billion compute agreement with Riot Platforms on Aug. 10. Riot will supply 191 megawatts from its Roc...
Riot is dumping its Bitcoin to fund a $9.1B AI deal that won’t pay rent until 2027

Riot is dumping its Bitcoin to fund a $9.1B AI deal that won’t pay rent until 2027

The Bitcoin miner’s construction budget includes continued treasury sales before phased rent is expected in 2027 and 2028. The post Riot is dumping...
Bitcoin Miner Riot Stock Jumps 24% After $9.1B Anthropic AI Deal

Bitcoin Miner Riot Stock Jumps 24% After $9.1B Anthropic AI Deal

Riot's after-hours rally pushed its market value sharply higher, despite a quarterly net loss of $237 million.
Bitcoin miners are using up to 12% of treasury BTC as collateral rather than selling coins

Bitcoin miners are using up to 12% of treasury BTC as collateral rather than selling coins

Its June update shows why headline Bitcoin holdings can be harder to read when coins are collateral, receivables, restricted balances, or already t...
Bitcoin Mining Stocks Sink 20% – How Did BTC Price Avoid the Damage?

Bitcoin Mining Stocks Sink 20% – How Did BTC Price Avoid the Damage?

In Brief Bitcoin mining stocks dropped about 20% as AI and semiconductor momentum cooled. 10x Research says miners now trade like AI infrastructur...