Riot Platforms, a bitcoin miner, has signed a 20-year contract with artificial intelligence company Anthropic to lease 191 megawatts at its Rockdale, Texas campus. The partnership is expected to generate approximately $9.1 billion in revenue, with the potential to reach $16.1 billion through two five-year extension options. The Rockdale site has 700 megawatts of grid interconnection capacity, and Riot’s broader portfolio includes about 1.7 gigawatts of fully approved power capacity. Meanwhile, Riot sold 3,778 bitcoins in the first quarter of 2026 for approximately $289.5 million, more than double the 1,473 bitcoins mined during that period, reflecting its growing strategy of selling reserves to fund operations.
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