Bitcoin Miner Riot Bets 20 Years on AI With $9.1 Billion Anthropic Lease
Riot Platforms signed a 20-year lease to supply 191 megawatts of computing capacity from its Rockdale, Texas campus, a deal expected to generate about $9.1 billion.
Bitcoin, markets and the ideas moving crypto.
7 stories · 16 Jan 2025 – 13 Aug 2026
Riot Platforms signed a 20-year lease to supply 191 megawatts of computing capacity from its Rockdale, Texas campus, a deal expected to generate about $9.1 billion.
Texas has officially launched a state-funded Bitcoin reserve, becoming the first U.S. state to do so independently.
Texas may soon become the second U.S. state with a strategic Bitcoin reserve, following a strong House vote on a groundbreaking bill.
Texas' Bitcoin Reserve bill passed the Business and Commerce Committee 9-0 and will now move to the Senate, though similar bills have struggled in other states.
Bitcoin Reserve Bill SB21 Passes in Texas Senate, Paving the Way for State-Owned Bitcoin Holdings
Oklahoma and Texas propose Bitcoin reserve bills, aiming to integrate BTC into state finances as a hedge against inflation and a strategic asset.