Riot Platforms moves its Bitcoin custody from NYDIG to BitGo Bank & Trust
Riot's custody shift to BitGo highlights the growing trend of prioritizing regulatory clarity and scale in digital asset management. The post Riot Pla...
3d agoopen_in_new
RIOT (RIOT) — News
39 articles · updated every 3 minutes
Bitcoin miners face widening AI financing costs as lenders scrutinize deals
The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facin...
5d agoopen_in_new
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Riot Repays Coinbase Loan, Ends $200 Million Bitcoin-Backed Facility
Riot Platforms (NASDAQ: RIOT) has repaid its outstanding borrowing from Coinbase Credit and terminated a $200 million credit facility, releasing the l...
Sep 27open_in_new
Riot Platforms repays $200M credit facility, releases 5,821 BTC from collateral
Riot's debt repayment enhances financial flexibility, enabling strategic Bitcoin management and potential growth in data-center ventures. The post Rio...
Sep 27open_in_new
Riot Platforms repays $200M credit facility, releases collateral
The Bitcoin miner has continued to expand its data-center business as well.
Sep 27open_in_new
VALORANT Champions heads to Shanghai for historic first Chinese edition
Hosting VALORANT Champions in Shanghai highlights China's growing influence in esports and signals a strategic shift in Riot's global focus. The post ...
Sep 16open_in_new
Riot Games unveils first-ever Tier 2 World Championship in Korea
Riot's Tier 2 World Championship could redefine esports by elevating emerging talent and fostering a more sustainable competitive ecosystem. The post ...
Sep 3open_in_new
Riot Platforms Sold 9,665 Bitcoin in H1 2026 to Fund AI Pivot
Riot Platforms sold 4,300 BTC in the second quarter of 2026, pushing its six-month total to 9,665 bitcoin as the Texas-based miner leans harder into a...
Aug 19open_in_new
Riot Platforms signs $9B AI compute deal with Anthropic, shifts from Bitcoin mining
Riot's pivot to AI infrastructure may boost its market value, reflecting a broader trend of rising demand for AI capabilities. The post Riot Platforms...
Aug 16open_in_new
Bitcoin Mining Stocks Rise as Industry Chases AI Infrastructure
While Riot, Hut 8, and Core Scientific printed strong gains, Bitdeer, Argo, and Canaan are down 20%, 24%, and 71% YTD.
Aug 13open_in_new
Riot Platforms sells 4,300 BTC to fund operations and its pivot toward AI infrastructure
Riot's strategic shift to AI infrastructure diversifies revenue streams, reducing reliance on volatile Bitcoin mining and enhancing investor appeal. T...
Aug 13open_in_new
Bitcoin Mining News: Riot Platforms Anthropic AI Lease Explained
Riot Platforms’ 191-megawatt Anthropic lease creates $9.1 billion in contracted revenue, shifting its value beyond Bitcoin mining volatility. The post...
Aug 12open_in_new
Riot’s Anthropic Deal Shows Bitcoin Miners Are Moving Deeper Into AI Compute
Riot Platforms has signed a long-term data center lease agreement tied to Anthropic, giving the Bitcoin miner another route into AI and high-performan...
Aug 11open_in_new
Riot Signs $9.1B, 20-Year AI Data Center Lease at Its Texas Bitcoin Mine
The 20-year lease is projected to average $457 million a year, while Riot's fully costed bitcoin mining ran at 126.5% of the value of the coins it pro...
Aug 11open_in_new
Analyst predicts 55% rally for Riot Platforms stock on $9B Anthropic deal
Riot's pivot to AI infrastructure could redefine its market perception, offering stable revenue and diversifying beyond volatile crypto mining. The po...
Aug 11open_in_new
Anthropic Emerges as ‘Frontier AI Lab’ Behind Riot’s $9.1B AI Deal
Anthropic has agreed to take 191 megawatts of computing capacity at Riot Platforms’ Rockdale campus in Texas. The 20-year agreement could ultimately b...
Aug 11open_in_new
Bernstein raises Riot Platforms price target to $35 as Bitcoin miner’s AI pivot gains traction
Riot's AI pivot highlights a strategic shift for crypto firms, diversifying revenue streams and reducing reliance on volatile Bitcoin markets. The pos...
Aug 11open_in_new
Anthropic secures $9.1B power deal with Riot Platforms for AI infrastructure in Texas
This deal highlights a shift in the crypto mining industry towards stable AI infrastructure revenue, redefining them as energy businesses. The post An...
Aug 11open_in_new
Bitcoin Miner Riot Stock Jumps 24% After $9.1B Anthropic AI Deal
Riot's after-hours rally pushed its market value sharply higher, despite a quarterly net loss of $237 million.
Aug 11open_in_new
Riot’s 2027 open ecosystem faces scrutiny after VALORANT LCQ chaos
Riot's ambitious 2027 open ecosystem risks operational challenges, potentially impacting competitive integrity and player experience. The post Riot’s ...
Aug 11open_in_new
Anthropic strikes $9B compute deal with Bitcoin miner Riot: Report
Anthropic reportedly struck a $9 billion deal with Riot for 191 megawatts of capacity from the Bitcoin miner’s Rockdale campus in Texas.
Aug 11open_in_new
Riot Platforms shares soar 25% after-hours on news of $9.1B Anthropic deal
Riot's strategic pivot towards AI infrastructure highlights a growing trend of tech firms diversifying to capitalize on AI demand. The post Riot Platf...
Aug 11open_in_new
Riot shares soar 25% after-hours on news of $9.1B Anthropic deal
Anthropic's deal highlights the critical role of computing power in AI growth, signaling a trend towards strategic partnerships for scalability. The p...
Aug 11open_in_new
Anthropic secures $9B deal with Riot for AI computing power
Anthropic's deal highlights the critical role of computing power in AI growth, signaling a trend towards strategic partnerships for scalability. The p...
Aug 11open_in_new
ERCOT Hits Pause on Texas Data Center Queue. How Worried Should AI Infrastructure Investors Be?
Governor Abbott ordered an ERCOT audit that could have huge impacts on data centers in Texas. Learn the basics of the order and understand how it may ...
Aug 10open_in_new
MARA Reports $611M Loss While Miners Deposit 581 BTC to NYDIG
MARA Holdings posted a $611 million net loss in the second quarter as its bitcoin treasury shrank 29% year-over-year to 35,577 BTC. The report landed ...
Aug 7open_in_new
Texas audit delays expansion projects, boosts value for Iris Energy and Riot Platforms
The audit's delay in new projects strengthens existing operators' market positions, potentially increasing their competitive advantage and value. The ...
Aug 4open_in_new
Riot suspends League of Legends player Syzyf for 12 months after family member bet on his matches
Riot Games suspended League of Legends player Syzyf for 12 months for letting a family member bet on his matches, highlighting esports betting The pos...
Jul 24open_in_new
Needham sees AMD-Anthropic deal boosting Riot Platforms leasing prospects
Needham maintains Buy on Riot Platforms after AMD's $5B Anthropic deal boosts demand for AI data center capacity at Riot's Rockdale facility. The post...
Jul 23open_in_new
VCT Americas Stage 2 kicks off with São Paulo finals on the horizon
Riot Games' strategic shift to So Paulo for VCT finals highlights a focus on stable growth in traditional markets over volatile digital assets. The po...
Jul 16open_in_new