Ryot’s stock increased on the AMD lease and the Rockdale land acquisition.
Key receivers
Riot Platforms buys a 200-acre Rockdale, TX site for $96 million, funded entirely by Bitcoin. The company signed a 10-year data center lease with AMD to provide 25MW of mission-critical IT load starting in January 2026 and ending in May 2026.
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Shares of Riot Platform ( RIOT ) rose more than 7% on Friday.
The company sold 1,080 bitcoins and closed the purchase of a 200-acre easement at the Rockdale, Texas site for $96 million. This fully owned 700MW site with grid-connected power, water and fiber is now open for data center development.
Riot has signed a 10-year data center lease with AMD for its first 25MW critical IT installation, expanding to 200 MW in two phases from January to May 2026. The lease carries $311 million in initial revenue, which could grow to $1 billion with extensions and expansions.
Riot's Texas portfolio now spans over 1,100 acres and 1.7 GW of power, solidifying its position as a leading data center developer in the Texas Triangle and enabling long-term growth and value creation.
