Riot platforms
Riot Platforms surges 11% as lease deal with AMD marks major AI infrastructure pivot
The company sold nearly $100 million of bitcoin to fund the purchase of its 200-acre Rockdale site and signed a leasing agreement with Advanced Micro Devices that could deliver $1 billion in revenue.
Riot Platforms sold $200 million of bitcoin in 2025's last two months
VanEck’s head of digital assets said bitcoin sales and the AI trade are increasingly linked as miners fund infrastructure build-outs.
Bernstein Hikes Bitcoin Miner Targets as AI Infrastructure Play Continues to Gain Momentum
Wall Street broker Bernstein said bitcoin miners are fast becoming an essential part of the AI value chain.
Riot Platforms Shares Jump Pre-Market After Posting Unexpected Profit on Record Revenue
Strong bitcoin mining performance and data center expansion drive momentum.
Riot Platforms Gets Double Upgrade on AI Pivot as JPMorgan, Citi Hike Targets
Alongside, JPMorgan downgraded IREN and CleanSpark
Bitcoin Miner MARA Holdings Upgraded to Overweight at JPMorgan; IREN and Riot Cut to Neutral
The bank updated its miner estimates to reflect second-quarter earnings and changes to the network hashrate and the bitcoin price.
Bitcoin Miner Price Targets Raised to Reflect Improved Industry Economics: JPMorgan
The bank increased its CleanSpark, Riot Platforms and MARA Holdings price targets.
Riot Platforms Boosts Bitcoin Output to 514 BTC as Hashrate and Expansion Plans Ramp Higher
The bitcoin miner also advanced plans to build massive data centers in Texas to support AI workloads.
Riot Platforms Taps Data Center Veteran to Expand Beyond Bitcoin Mining
Jonathan Gibbs will lead Riot’s push into enterprise-grade data centers for AI and cloud computing.
