Riot lands $9.1 billion AI lease reportedly with Anthropic
August 11, 2026
The 20-year Rockdale deal turns 191 megawatts of bitcoin mining power into AI capacity, and RIOT shares jumped 25% after hours.
The 20-year Rockdale deal turns 191 megawatts of bitcoin mining power into AI capacity, and RIOT shares jumped 25% after hours.
The former Volcon raised $500 million to buy bitcoin last July. It is now selling coins to buy power capacity.
The treasury firm raised $87.1 million and is buying into a Midwest data center instead of more BTC
Bitcoin miner TeraWulf will host Anthropic at a 401 MW Kentucky campus in a 20-year lease worth about $19 billion.