Riot Platforms Signs a $9.8 Billion Lease Agreement for AI Data Center
2026-08-20 20:22:48
According to CoinMeta, Riot Platforms has signed data center leasing agreements with two technology clients for AI capacity, covering 241MW, which is expected to generate $9.8 billion in long-term revenue. Riot Platforms reported data center revenue of $23.2 million in the second quarter, with bitcoin mining income amounting to $113.7 million. As of the end of the second quarter, Riot Platforms had $1.2 billion in current assets, including 11,380 bitcoins valued at $666 million, as well as $548.9 million in cash (of which $77.5 million is restricted cash).
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Source:Internet
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