Riot Shares Rise 8% After AMD Expands Texas Data Center Deal

Riot Platforms shares rose about 8% after AMD doubled contracted capacity at Riot’s Rockdale, Texas campus to 50 megawatts. Riot said the expanded agreement could generate roughly $636 million over a 10-year term, with potential to scale to 150 megawatts. Riot also lowered the rate on its $200 million bitcoin-backed Coinbase credit facility to a fixed 6.15% from 8.3% and released 1,544 pledged bitcoin.

BTC3.01%
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