Riot Platforms locked in a $9.1 billion Anthropic deal, but its bridge loan expires before the rent starts

Riot Platforms locked in a $9.1 billion Anthropic deal, but its bridge loan expires before the rent starts

Riot Platforms has secured up to $573 million of interim financing for the $9.1 billion data-center lease tied to Anthropic, but the facility matures about a year before the Bitcoin miner expects the project to start generating rent. Earlier this month, Riot disclosed that it had secured a 20-year lease for 191 megawatts of critical IT capacity at its Rockdale, Texas, campus, describing the tenant only as a “leading frontier AI lab.” However, CN…