Riot Platforms has leased its entire Corsicana campus to AI company Anthropic under a 15-year agreement valued at approximately $28 billion, marking one of the largest AI infrastructure deals in history. The bitcoin miner's pivot to data center operations represents a significant strategic shift away from pure mining revenue.
To fund its expanding data center buildout, Riot sold 20,264 BTC during the first nine months of 2026. The massive lease commitment to Anthropic underscores the growing demand for AI compute infrastructure and the willingness of former crypto miners to repurpose their energy-intensive facilities for artificial intelligence workloads.
Riot Platforms Leases Entire Corsicana Campus to Anthropic in $28 Billion AI Deal
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