Riot Sells More Than 20,000 Bitcoin as AI Data-Centre Contracts Reach $38B

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Riot Platforms sold 20,264 Bitcoin during the first nine months of 2026, raising approximately $1.5 billion primarily to finance data-centre construction. In the third quarter, the company generated $181.4 million in revenue, including $116 million from Bitcoin mining and $18.4 million from data centres. The group signed a 15-year lease covering 910 megawatts of critical IT capacity at its Corsicana campus, with an initial contractual value of about $28 billion. It now says it has leased 1,151 megawatts, representing nearly $38 billion in long-term contracted revenue, although some of this depends on delivery milestones and counterparties’ obligations.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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