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Aug 11, 2026

Anthropic signs $9.1B, 20-year data center deal with Bitcoin miner Riot Platforms

AI company Anthropic has agreed to lease 191 megawatts of computing capacity from Riot Platforms' Rockdale, Texas campus under a 20-year contract worth $9.1 billion, with potential expansion to $16.1 billion. Riot's stock surged 25% on the news as the Bitcoin miner pivots toward AI infrastructure.

Aug 11, 2026·9 sources
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Anthropic signs $9.1 billion data center deal with Bitcoin miner Riot Platforms

AI company Anthropic has agreed to a 20-year, $9.1 billion deal to lease 191 megawatts of computing capacity from Riot Platforms' Rockdale, Texas data center, with extension options potentially pushing the total value to $16.1 billion. The agreement marks a major pivot for the Bitcoin mining company into AI infrastructure.

Aug 11, 2026·9 sources
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Top claims

  • ▪The agreement between Riot Platforms and Anthropic runs through June 2048 and includes two five-year extension options that could increase total contract revenue to $16.1 billion.
  • ▪Riot Platforms plans to deliver the first 96 megawatts of capacity to Anthropic in December 2027, with the remaining 95 megawatts scheduled for full deployment by June 2028.
  • ▪Riot Platforms' Rockdale, Texas campus has 700 megawatts of developed, energized power capacity that the company intends to convert entirely toward high-density computing tenants over time.

Topics

Bitcoin miningAI compute & environmental impactAI infrastructureAI startupsEnergy & environmentData center infrastructureCompute, chips & AI infrastructure

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