Bitcoin (BTC) miner Riot Platforms in AI infrastructure deal with AMD

Bitcoin (BTC) miner Riot Platforms in AI infrastructure deal with AMD

The company sold nearly $100 million of bitcoin to fund the purchase of its 200-acre Rockdale site and signed a leasing agreement with Advanced Micro Devices that could deliver $1 billion in revenue.

Why Shares of Riot Platforms Are Surging Today

Key PointsRiot Platforms will purchase 200 acres of land that it currently occupies.Riot will then lease the land to Advanced Micro Devices for data center capacity.It has not been uncommon for Bitcoin miners to transition their data centers to providing artificial intelligence capacity.10 stocks we like better than Riot Platforms › Shares of the Bitcoin miner Riot Platforms (NASDAQ: RIOT) traded nearly 13.5% higher today, as of 1:11 p.m. ET. Th…

Cipher Mining stock jumps 7% as bitcoin miners rally on Riot-AMD data center deal

New York, Jan 17, 2026, 07:36 EST — Market closed. Cipher Mining Inc shares climbed 7.3% on Friday, closing at $18.80, with more than 45 million shares changing hands. The boost followed a broad rally among U.S.-listed bitcoin miners, sparked by Riot Platforms’ announcement of a long-term data-center lease connected to chipmaker Advanced Micro Devices. (TheMinerMag) The rally is significant for Cipher as its stock now moves along two fronts: the…

Riot Platforms Acquires Rockdale Site for $96M, Secures AMD Data Center Lease Worth $311M

TLDR:   Riot funded the $96 million Rockdale acquisition entirely through selling 1,080 bitcoin from its holdings. AMD lease spans 10 years with $311 million revenue potential, expandable to $1 billion with extensions. Riot now controls 1.7 gigawatts of power capacity across 1,100 acres in strategically located Texas sites. The initial 25 MW deployment begins in January 2026, with AMD holding expansion rights up to 200 MW total.   Riot Platform…

Bitcoin Mining Stocks Jump as Riot Taps AMD, Texas Builds Grow

Bitcoin mining stocks jumped after Riot Platforms signed a long-term deal with chip giant AMD, while Galaxy Digital pushed ahead with a massive Texas expansion. Shares moved as investors linked these deals to steadier revenue at a time when Bitcoin USD trades in a tight range. The backdrop matters: record network competition is squeezing miners, forcing them to rethink how they make money. (Source: RIOT Stock Price / TradingView) DISCOVER: Top E…

Riot Platforms shares jump 11% after Bitcoin sale funds Texas deal

The deal followed Riot announcing last week that it sold more than $160 million of its Bitcoin holdings as part of a strategy shift, to broaden use …