NasdaqCM:RIOTSoftware
Why Riot Platforms (RIOT) Is Up 15.4% After $400 Million AI Data Center Expansion
Riot Platforms recently expanded its Corsicana, Texas data center campus with a planned US$400 million, two‑story facility aimed at AI and high‑performance computing, while its newly reported Data Center segment showed a 91% operating lease gross margin and profitable recurring revenue beyond Bitcoin mining in Q1 2026.
These developments suggest Riot is evolving from a pure Bitcoin miner into a broader power‑backed infrastructure provider, potentially changing how investors assess the...