CoinDesk·3 min read·medium
Riot Platforms surges 20% in pre-market trading on $9.1 billion Anthropic deal
J
James Van Straten
✦AI Summary
Riot Platforms saw its stock surge following a $9.1 billion deal to provide computing capacity to AI firm Anthropic. This move reflects a broader industry trend where Bitcoin miners are pivoting toward AI infrastructure to secure more stable, long-term revenue streams.
The 20-agreement with the company, identified as Anthropic by Bloomberg, covers 191 megawatts of computing capacity at Riot’s Rockdale, Texas, campus.
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