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Riot's Anthropic lease lifted miner stocks, but the sell-down funding it hints at a new source of Bitcoin sell pressure.

One data center deal points to much bigger demand ahead

Tech stocks were mixed Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (X

A big data center lease just sent Riot Platforms shares soaring, after Bloomberg named the undisclosed tenant as Anthropic.

Riot Platforms has already handed long-term holders a massive year-to-date gain, yet Wall Street analysts and a proprietary model are pointing to a target that would still more than double the current share price. The question is whether three very specific conditions can fall into place before 2026 ends.

Riot Platforms (Nasdaq: RIOT), the data infrastructure company well-known for its Bitcoin (BTC) mining and artificial intelligence (AI) operations, signed a 20-year lease with a leading AI lab on Aug. 10. Bloomberg identified the AI lab as Anthropic. Riot announced the data ...

Riot Platforms, the Bitcoin miner-turned-data center operator, has struck a $9.1 billion compute supply deal with Anthropic, a source tells Barron’s.

On today's episode, Melker discusses the Riot Platforms (RIOT), a bitcoin mining company that is ditching bitcoin (BTC-USD) mining to pursue the potentially more lucrative artificial intelligence market through a reported $9 billion deal with Anthropic (ANTH.PVT). "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Riot Platforms surged more than 20% after signing a $9.1 billion deal, reportedly with Anthropic, to lease AI computing capacity at its Texas campus. The move shows how bitcoin miners are reinventing themselves as AI infrastructure landlords. CoinDesk's Uyen Truong hosts "CoinDesk Daily."

Riot Platforms Inc (NASDAQ:RIOT) shares rose about 4% on Tuesday after the bitcoin mining company announced a 20-year data center lease with a leading frontier AI lab in a deal valued at approximately $9.1 billion over its initial term. The tenant was not identified by Riot, but the deal has...

Riot Platforms shares are surging on a deal with a big name in AI.

Stocks were down in late-morning trading Tuesday, as investors continued to look for signs of progre

On this episode of Stock Movers: - Anthropic PBC has struck a $9.1 billion deal with Riot Platforms (RIOT), a Bitcoin mining company that recently began selling AI data center capacity. Riot disclosed it had secured a 20-year deal to supply 191 megawatts of capacity from its Rockdale, Texas, campus to a "leading frontier AI" company. - Rocket Lab (RKLB) shares drop as much as 5.7% after the company's Neutron timeline softened, with an analyst saying that while Neutron remains on track to reach launch pad in the fourth quarter, it could push an initial launch to 2027. - Babcock & Wilcox Enterprises (BW) rose in premarket after the company signed an agreement with Siemens Energy to produce steam turbine generator sets. - US-listed shares in On Holding (ONON) drop as much as 17% in premarket trading after the Swiss sneaker maker's second-quarter sales were lower than expected.

Riot is scaling its data center push with a 191 MW AI lease, AMD buildout and Corsicana LOI, backed by project debt and $1.2B in liquidity.

Terrestrial Energy (NASDAQ:IMSR) reported second-quarter progress across its engineering, regulatory, supply-chain and commercial-development programs, while outlining updated unit economics for its IMSR small modular reactor plant design. Chief Executive Officer Simon Irish said the company contin

The analyst assigns half of Riot’s valuation to prospective site conversions, including a possible 756 MW critical IT deployment at Corsicana.

Riot Platforms, the Bitcoin miner-turned-data center operator, has struck a $9.1 billion compute supply deal with Anthropic, a source tells Barron’s.

Wall Street analysts refuse to abandon their buy calls on a stock that has collapsed 75% over the past year, and one outlier has staked a price target so aggressive it would require a near-total reinvention of how the market values bitcoin leverage.

B. Riley’s $28 target implies 44% upside as Riot prepares a roughly $2.2 billion buildout and advances talks covering its entire Corsicana campus.

The bitcoin mining company, which has pivoted toward selling data center capacity, signed a deal with a major AI developer, widely reported to be Anthropic, in a transaction valued at $9.1 billion.

Riot Platforms secured a 20-year, $9.1 billion colocation agreement covering 191 MW of AI data center capacity at its Rockdale campus in Texas.

A single prospective tenant is negotiating for Riot’s entire Corsicana site. A definitive lease could exceed $1 billion in annual rent, but key commercial terms and credit support remain unresolved.

Riot Platforms, the Bitcoin miner-turned-data center operator, discloses a $9.1 billion compute supply deal with a frontier artificial-intelligence giant. That customer is Anthropic, a source familiar with the matter confirmed to Barron’s.

A surprise lease announcement sent Riot Platforms surging after hours, leaving traders scrambling to decide whether a single contract just rewrote the entire valuation story for former Bitcoin miners racing into AI infrastructure.

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.2% and the actively trad

Futures for the Dow Jones Industrial Average and the other major stock indexes traded higher Tuesday, after it was reported the U.S. and Iran had reached "some sort of an arrangement" for a peace deal.

Investing.com - U.S. stock futures were little changed on Tuesday, as fading hopes for a deal to reopen the Strait of Hormuz kept oil prices elevated, while investors looked ahead to key U.S. inflation data for fresh clues on the Federal Reserve’s interest rate path.

The 20-year deal to supply 191 megawatts is reportedly with Anthropic

The 20-year lease covers 191 megawatts of computing capacity at Riot's Rockdale, Texas, campus and runs through June 2048

Stocks looked set to struggle for direction on Tuesday as investors worried about inflation, with hopes of Iran agreeing a deal to reopen the crucial Strait of Hormuz shipping route fading fast.