Riot has sold most of its bitcoin to fund its move into data centers. Its latest agreement gives Anthropic a way to finance part of the build and collect interest through rent deductions.
The binding Corsicana deal covers a planned 910 MW, with mandatory grid orders exempt and rent dependent on future delivery. Read the full story on CryptoSlateUnderstand the crypto stories that...
A $19 billion data-center agreement includes an unusual provision allowing Google to acquire part of the project if Anthropic fails to pay its rent.
Bitcoin miner Riot Platforms jumped more than 13% on Wednesday after unveiling what it described as its biggest step yet in building artificial intelligence infrastructure: a 15-year, $28 billion...
Bitcoin miner Riot sold BTC to finance its AI expansion, while Hut 8 reported falling revenue and rising costs before its major data center leases generate income.
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