Riot Platforms Acquires Rockdale Site for $96M, Secures AMD Data Center Lease Worth $311M

TLDR:   Riot funded the $96 million Rockdale acquisition entirely through selling 1,080 bitcoin from its holdings. AMD lease spans 10 years with $311 million revenue potential, expandable to $1 billion with extensions. Riot now controls 1.7 gigawatts of power capacity across 1,100 acres in strategically located Texas sites. The initial 25 MW deployment begins [...]

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