·Confidence 85%
Riot Platforms Shifts Focus to AI with $9.1B Lease Deal
Riot Platforms reports a $237.2M net loss while announcing a significant pivot to AI hosting through a $9.1B data center lease with Anthropic.
#Riot Platforms
5 articles tagged with #Riot Platforms
·Confidence 90%
Riot Platforms Sells 4,300 BTC to Support AI Transition
Riot Platforms has sold 4,300 BTC to fund its shift towards AI infrastructure, aiming to diversify revenue and reduce dependence on Bitcoin mining.
·Confidence 90%
Riot Platforms Secures $9.1 Billion AI Deal with Anthropic
Riot Platforms has signed a significant $9.1 billion deal with Anthropic, marking a strategic shift from Bitcoin mining to AI data-center services.
·Confidence 90%
Bernstein Raises Riot Platforms Price Target to $35
Bernstein has increased its price target for Riot Platforms to $35, reflecting the company's strategic shift towards AI and diversification from Bitcoin
·Confidence 90%
Riot Platforms Rises 20% on $9.1 Billion Anthropic Deal
Riot Platforms sees a 20% pre-market surge following a significant $9.1 billion deal with Anthropic, signaling a shift towards AI infrastructure revenue.