{"id":136777,"date":"2026-08-12T03:21:28","date_gmt":"2026-08-12T03:21:28","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/136777\/"},"modified":"2026-08-12T03:21:28","modified_gmt":"2026-08-12T03:21:28","slug":"anthropic-signs-9-1-billion-data-center-deal-with-riot-platforms","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/136777\/","title":{"rendered":"Anthropic signs $9.1 billion data center deal with Riot Platforms"},"content":{"rendered":"\n

Anthropic has struck a $9.1 billion agreement with Riot Platforms, a bitcoin mining company that has been building out AI data center capacity, according to Bloomberg<\/a>. <\/p>\n

Riot disclosed the deal<\/a> on Monday, describing the counterparty only as a “leading frontier AI lab.” Riot’s Rockdale, Texas, campus will supply 191 megawatts of IT capacity under the terms of the 20-year lease, which extends through June 2048, the company said. Two five-year extension options could raise the total contract value to $16.1 billion. <\/p>\n

Riot plans to bring capacity online in stages, reaching 96 megawatts by December 2027 and completing the full 191-megawatt buildout by June 2028, the company said. To fund the project’s early construction phase, Riot arranged a $573 million interim financing facility through Morgan Stanley as it works toward putting a permanent credit backstop in place. <\/p>\n

Riot CEO Jason Les said in a statement that the two agreements together bring the company’s total signed capacity to 241 megawatts and roughly $9.8 billion in long-term contracted revenue, all accumulated within six months. The earlier deal was with Advanced Micro Devices. <\/p>\n

Riot stock closed down 5.46% on Monday before the deal was announced, then surged more than 25% in after-hours trading. <\/p>\n

The Anthropic deal was announced alongside Riot’s second-quarter financial results, which showed revenue growth alongside a wider net loss. Total revenue for the three months ended June 30 came in at $174.2 million, up 14% from $153 million a year earlier. Bitcoin mining contributed $113.7 million, while data center revenue was $23.2 million. That compares with net income of $219.5 million, or $0.58 per share, in the year-ago quarter; this quarter Riot swung to a net loss of $237.2 million, or $0.68 per diluted share. <\/p>\n

Anthropic has been pursuing a series of large computing agreements as demand for its products grows. The company signed a $10 billion, six-year deal<\/a> with Volta Infra Holdings, a months-old AI infrastructure startup backed by Nvidia, to use capacity at a data center in Norway. Anthropic also agreed to buy nearly $45 billion worth of computing from Elon Musk’s xAI in May, according to Bloomberg. Earlier arrangements have included deals with SpaceX, AMD, and Akamai Technologies. <\/p>\n

Riot’s path to data centers is an unlikely one: the company spent years in biotech diagnostics under the Bioptix name before reinventing itself as a bitcoin miner, and it is now part of a broader wave of crypto companies chasing AI infrastructure revenue. <\/p>\n","protected":false},"excerpt":{"rendered":"Anthropic has struck a $9.1 billion agreement with Riot Platforms, a bitcoin mining company that has been building…\n","protected":false},"author":2,"featured_media":96466,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[53,17279,85,59425],"class_list":["post-136777","post","type-post","status-publish","format-standard","has-post-thumbnail","category-anthropic","tag-anthropic","tag-bitcoin-mining","tag-data-center","tag-riot"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/136777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=136777"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/136777\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/96466"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=136777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=136777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=136777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}