Riot Platforms stock surged approximately 25% in after-hours trading following the announcement of a deal with Anthropic. The Bitcoin miner secured a 20-year contract worth $9.1 billion to supply 191 MW of computing capacity from its Rockdale, Texas campus. The agreement, extending through 2048, could generate up to $16.1 billion in revenue if the ten-year extension options are exercised. Riot Platforms is diversifying its business by shifting toward AI data centers.
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