Crypto mining firm Riot closed up 4.33% after striking a $9.1 billion AI computing power agreement with Anthropic yesterday.
2026.08.12 10:37:45
According to market data from BIT (bit.com), Bitcoin mining firm Riot Platforms rose 4.33% on Tuesday, adding another 0.54% in after-hours trading to close at $20.35. Yesterday, Anthropic and Riot reached a $9.1 billion AI computing power agreement to meet the growing computing needs of Claude users. Riot will supply 191MW of computing power to the AI developer at its Rockdale campus in Texas under a 20-year contract. Sources familiar with the matter confirmed the client is Anthropic. Formerly focused on Bitcoin mining, Riot is now transitioning to AI and cloud computing infrastructure business, similar to several other crypto mining companies.
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