Riot Platforms Jumps 17% After $9.1B, 20-Year Anthropic Data Center Lease
Riot Platforms shares jumped 17% after announcing a 20-year, 191 MW lease with Anthropic, securing $9.1 billion in contracted revenue through June 2048. With an existing AMD lease, Riot will control 241 MW and about $9.8 billion total contracted revenue as it expands data-center development despite a $237 million quarterly net loss.