Anthropic has reportedly agreed a $9 billion, 20-year deal with Bitcoin miner Riot Platforms for 191 megawatts of computing capacity from Riot’s Rockdale, Texas, campus, according to Bloomberg and a company press release. Riot described the customer only as a “leading frontier AI” firm, but sources identified Anthropic. The agreement follows Anthropic’s recent $19 billion, 20-year data center lease with Bitcoin miner TeraWulf, underlining its long-term infrastructure strategy. The deal places Riot among Bitcoin miners moving into AI and high-performance computing, alongside Bitdeer, CleanSpark, MARA Holdings, Core Scientific, Hut 8 and IREN. Riot’s shares fell 5.4% Monday but jumped over 21% overnight.
This update represents a notable development in the Crypto sector. Organizations and founders tracking this space should evaluate potential strategic and technical implications on their operations.