$9.8B contracted data center revenue with AMD and frontier AI lab
Company: Riot
The claim, verbatim
Riot has secured roughly $9.8 billion in contracted data center revenue with AMD and a leading frontier AI lab, expected to generate about $520 million in average annual revenue once both projects are fully deployed in June 2028.
Source (primary)
Riot Platforms Is Quietly Spending Its Bitcoin — Here’s Why That Matters - TIKR.com (-, news_article)
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Quote: “Riot has secured roughly $9.8 billion in contracted data center revenue with AMD and a leading frontier AI lab, which management estimates will generate about $520 million in average annual revenue once both projects are fully deployed in June 2028.”
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Additional evidence
confirms Riot Platforms Is Quietly Spending Its Bitcoin — Here’s Why That Matters - TIKR.com
Quote: “Riot has secured roughly $9.8 billion in contracted data center revenue with AMD and a leading frontier AI lab, which management estimates will generate about $520 million in average annual revenue once both projects are fully deployed in June 2028.”