Riot Platforms told the SEC it leased 191 MW at Rockdale, Texas, to an unnamed frontier AI lab for 20 years, projecting $9.1 billion in revenue through June 2048.

The deal includes two five-year extension options that could raise the potential contract value to $16.1 billion.

Anthropic has reportedly locked up 191 MW of AI capacity from Riot Platforms in a deal expected to generate $9.1B through 2048.