Riot Platforms Signs $9.1 Billion AI Data Center Deal as Bitcoin Mining Infrastructure Evolves
Riot Platforms Signs $9.1 Billion AI Data Center Deal as Bitcoin Mining Infrastructure Evolves

Riot Platforms has signed a 20-year agreement to provide 191 MW of critical IT capacity from its Rockdale, Texas campus to a leading frontier AI company. The contract is expected to generate approximately $9.1 billion in revenue and highlights how major Bitcoin miners are increasingly using their power infrastructure for AI and high-performance computing alongside mining operations.

Cipher Mining’s $1.3B Convertible Notes Overshadow Its HPC Deal
Cipher Mining’s $1.3B Convertible Notes Overshadow Its HPC Deal

Cipher Mining’s (CIFR) $3B HPC deal should have been a catalyst, but the stock went sideways as a $1.3B convertible raise stole the spotlight. Here’s why institutions rushed in, and what it means for shareholders.