Riot Platforms Signs $9 Billion Compute Deal with Anthropic
Bitcoin miner Riot Platforms has signed a $9 billion compute deal with Anthropic, highlighting the increasing importance of AI in valuing Bitcoin mining stocks.
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Bitcoin miner Riot Platforms has signed a $9 billion compute deal with Anthropic, highlighting the increasing importance of AI in valuing Bitcoin mining stocks.

Riot Platforms, a Bitcoin mining company, has struck a significant $9.1 billion deal with AI firm Anthropic for data center infrastructure. This agreement signals a strategic shift for bitcoin miners towards AI infrastructure and has fueled speculation about a potential Anthropic IPO.

Several stocks, including Riot Platforms, Hims & Hers Health, and Intel, are experiencing significant movements in premarket trading.
Anthropic PBC has reportedly finalized a $9.1 billion cloud deal with Riot Platforms Inc., a Bitcoin mining company that recently expanded into selling AI data center capacity, as Anthropic seeks to secure sufficient computing resources.
Hut 8's stock surged by 10% following news of a $9.8 billion lease for an AI data center, with MARA and Riot Platforms also rallying in sympathy.
Jefferies has issued a recommendation for Riot Platforms Inc (RIOT) stock, providing insights into why the investment firm views it favorably.
Leopold Aschenbrenner has made several significant adjustments to his investment portfolio, selling stakes in companies like Seagate Technology and Western Digital, while increasing positions in others such as Keel Infrastructure Corp. and CleanSpark Inc. These moves reflect his updated bullish or bearish stances on various technology, energy, and AI-related stocks.
Terrestrial Energy has outlined plans for one to three additional IMSR (Integrated Molten Salt Reactor) projects in 2026, following a Memorandum of Understanding with Riot Platforms.

Riot Platforms has announced a partnership with Terrestrial Energy to develop nuclear-powered data centers. This collaboration aims to provide reliable and predictable energy for AI data centers.
Riot Platforms saw its stock jump on May 1 after the company reported AI data center revenue that exceeded estimates.
Analysts have released their previews for the first quarter 2026 earnings reports of Emergent Biosolutions and Riot Platforms.
Cantor Fitzgerald has reaffirmed its "Overweight" rating on Riot Platforms (RIOT), citing the global proliferation of artificial intelligence as a key factor in its assessment.
Riot Platforms announced that it sold 3,778 Bitcoin during the first quarter of the year. This move reflects the company's financial strategy regarding its cryptocurrency holdings.
An analysis is being conducted to determine if Riot Platforms, Inc. (RIOT) is currently a favorable stock for investment.
J.P. Morgan has reiterated its $20 target for Riot Platforms, a Bitcoin mining company, acknowledging its pivot towards AI despite increasing mining costs.
Riot Platforms reported that its Q4 gross margin slipped compared to both the prior quarter and the year-ago period.
Several stocks, including Hershey, Analog Devices, Riot Platforms, and Fiverr, are highlighted for investors to watch on Wednesday.
Starboard Value has increased its holdings in Kenvue and Riot Platforms, signaling confidence in these companies.

Riot Platforms, a Bitcoin mining company, has signed a significant $9 billion compute deal with AI firm Anthropic, indicating that artificial intelligence is increasingly becoming a critical factor in the valuation of Bitcoin mining stocks.
B. Riley has reiterated its 'Buy' rating for Riot Platforms following the company's $9.1 billion Rockdale AI lease agreement.
Riot Platforms and Grupo Supervielle have both released their second-quarter financial results. These reports provide insights into the companies' performance during the recent quarter.
Riot Platforms and MARA saw a 6% drop, while CleanSpark sank 5%, following a strategy by these cryptocurrency mining companies to sell off Bitcoin and their own shares.
An analysis compares Hut 8 and Riot Platforms, two Bitcoin mining companies transitioning into data center development, to determine which presents a better stock investment opportunity.
Riot Platforms stock demonstrated strong performance in May, recording a significant gain of 57% over the month, attracting attention from investors.
Small-cap stock Riot Platforms is reportedly benefiting from the growing demand for AI infrastructure, positioning itself to capitalize on the trend.
Riot Platforms stock is reportedly performing well, driven by the company's strategic involvement in various sectors including cryptocurrency, artificial intelligence, and nuclear energy.
A series of financial articles provides analysis on whether various company stocks, including major players like Apple, Tesla, and Nvidia, represent good investment opportunities. These reports offer insights into potential buys in the current market.

Apple announced record quarterly earnings, surpassing expectations despite ongoing supply chain disruptions. CEO Tim Cook highlighted strong demand for new iPhones and discussed future growth opportunities, including in India.
Riot Platforms (RIOT), a major Bitcoin mining company, is exploring new ventures beyond its core cryptocurrency operations. The article suggests that investors should monitor the company's evolving strategies.
Jim Cramer has endorsed Capital One, citing its 'broader scale and a more durable credit card franchise' as reasons for his recommendation to investors.
Citi maintains a bullish stance on Riot Platforms, even with slowing legislative momentum behind the CLARITY Act.
A summary of Riot Platforms, Inc.'s fourth-quarter earnings call for 2025.
Riot Platforms has provided an earnings preview for its fourth quarter of 2025.
This story covers investment advice for tech stocks, including long-term holdings and specific company valuations, alongside market analysis of semiconductor stock performance.
Cantor Fitzgerald has maintained an Overweight rating on Riot Platforms, Inc. (RIOT), signaling a positive long-term outlook for the company.
Benzinga's 'Bulls and Bears' segment features discussions on key companies including Riot Platforms, Firefly, and Virgin Galactic, analyzing their market prospects.

Riot Platforms, Inc. presented a summary of its second-quarter 2026 earnings call, discussing its financial outcomes and cryptocurrency mining operations.
Riot Platforms' shares experienced a significant jump after the company announced a $9.1 billion AI lease agreement and reported better-than-expected second-quarter revenue.
Several companies, including NuScale Power, Cadre Holdings, and NiSource, have released their Q2 2026 earnings previews. Superior Group of Companies, Inc. also provided a summary of its Q2 2026 earnings call.
Several Bitcoin mining companies, including Hut 8, Riot Platforms, and Bitdeer Technologies, have transitioned or expanded into the data center business. This strategic shift is seen by Wall Street as a move to unlock further upside potential for their stocks.
The board of Blockware has announced the removal of its current CEO and appointed a former executive from Riot Platforms as the replacement. This leadership change signals a new direction for the company.
An analysis explores whether Riot Platforms (RIOT) is considered the best stock to buy among those favored by Aschenbrenner.
Shares of bitcoin mining companies Hut 8 and Riot Platforms surged significantly as investors increasingly view them as potential plays in the artificial intelligence infrastructure sector.
The Vice President of Riot Platforms has stated that the firm's Bitcoin reserve serves as the 'most capital-efficient source of funding' for its data center business operations.
Riot Platforms, Inc. has provided a summary of its first-quarter 2026 earnings call, outlining its financial results.
Riot Platforms, a Bitcoin mining company, has sold an additional 500 Bitcoin.
Riot Platforms (RIOT) saw its stock rise by 13.5% after the company announced it had cashed in $102 million from its Bitcoin holdings. This move highlights the impact of cryptocurrency strategies on mining company valuations.
Citizens and KBW have both maintained a positive stance on Riot Platforms, Inc. (RIOT), indicating continued confidence in the company.
A transcript of Riot Platforms' Q4 2025 earnings call provides insights into the company's financial performance.
Riot Platforms stock experienced a notable surge today, indicating strong market performance for the company.
Riot Platforms' stock rose after Starboard Value sent a letter advocating for more deals, indicating investor confidence in potential growth.
An analysis explores whether Riot Platforms' recent 5.3% stock gain signals a potential recovery for the company.