Riot's 10-Q identifies Anthropic as the AI lab behind its 910 MW Corsicana lease and shows Riot could owe the tenant 12% interest on up to $3.6 billion in build costs.
Riot Platforms launched a new $500 million stock offering as November bitcoin output fell, while the miner continued selling most of its production to fund expansion despite analysts seeing long-term upside.
Riot Platforms mined 463 Bitcoin in April and finalized a major asset acquisition, signaling a strategic shift away from hosting services and toward fully integrated mining operations.