Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES
BTCETHSOLXRPBNBTONDOTLTCPOLHBARNEARARBUNI
Back to NewsFeeds

Riot says Anthropic data-centre lease carries 12% annual interest fallback

NewsFeeds update

Riot Platforms' Corsicana data-centre lease with Anthropic took effect on 4 November and is expected to provide 910 MW of critical IT load, a SEC filing shows. Riot will repay up to $4m per MW of Anthropic's module costs, subject to securing acceptable financing, with a 12% annual interest fallback clause.

AIChainCatcherAINeutral

Read the original on ChainCatcher

The story so far: Riot Platforms bitcoin sales

Riot Platforms signed a $28bn AI leasing deal covering its entire Corsicana campus, funded partly by Bitcoin sales. Its Corsicana lease with Anthropic took effect on 4 November, targeting 910 MW of critical IT load, with Riot to repay up to $4m per MW of module costs and a 12% annual interest fallback clause.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Riot says it sold about 20,264 BTC in first nine months of 2026

  2. Riot Platforms sells 8,962 BTC for data centre development and debt repayment

  3. Riot Platforms shares rise 21% premarket after Q3 revenue beat

  4. Riot Platforms signs $28bn AI lease covering its entire Corsicana site

  5. Hut 8 sells 3,102 Bitcoin for about $250m as Riot plans to sell nearly all new output

  6. Riot says Anthropic data-centre lease carries 12% annual interest fallback

More AI updates

  1. Police in Oakland investigate theft of Nvidia AI chips worth $11.4m

    AIPANewsAINeutral

  2. Chamath Palihapitiya says SpaceX-Anthropic compute contract holds 90-day mutual exit clause

    AIChainCatcherAINeutral

  3. Stop Dirty Data Centres says protests across Europe target AI data centre expansion

    AIChainCatcherAINeutral

Every AI update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.