Home/ Crypto News/ Riot Platforms (RIOT) Stock: Surges 14% as $28B Frontier AI Deal Lifts Contracted Revenue to $38B
blockonomi 3 hours ago

Riot Platforms (RIOT) Stock: Surges 14% as $28B Frontier AI Deal Lifts Contracted Revenue to $38B

TLDR Riot stock jumps 14.84% as a $28B AI lease lifts contracted revenue to $38B. Riot secures a 15-year AI lease covering 910 MW at its Corsicana campus. Riot’s data center contracts reach 1,151 MW, with $38B in future revenue. Riot reports $181.4M in Q3 revenue as engineering growth offsets mining declines. Riot sells 20,264 [...]

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Source: Source: Blockonomi