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Riot Signs $9.8 Billion AI Data Center Lease Agreements with Two Tech Companies.
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According to ChainCatcher, citing Pulse 2.0, Riot Platforms has signed AI data center leasing agreements with two major technology clients, involving 241MW of critical IT capacity and corresponding to approximately $9.8 billion in long-term contract revenue. This move will accelerate the company's transformation from a Bitcoin mining-centric business model to a large-scale data center developer. One of the larger agreements is a 191MW custom-bui…
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