Riot buys Rockdale land for $96M, signs 10-year data center lease with AMD for 25 MW

Riot Platforms, Inc.

Fee-simple acquisition of 200 acres at Rockdale site for $96M, funded by selling ~1,080 bitcoin.
Signed 10-year lease with AMD for 25 MW critical IT load; initial revenue ~$311M, potential $1.0B with extensions.
Delivery phases Jan-May 2026; $89.8M retrofit capex; expected avg NOI ~$25M/year.
Expansion options allow AMD to scale to 200 MW total capacity at Rockdale.
Riot now owns/manages 1.1K acres & 1.7 GW power capacity across two Texas sites.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.