Riot Platforms, Inc. 8K
0001104659-26-093406
View on SEC EDGARRiot Platforms used its Q2 2026 disclosure to highlight a $9.1 billion, 20‑year, 191 MW data center lease with a leading frontier AI lab at Rockdale, expanding AMD deployments, and a financing strategy leveraging debt and existing liquidity to fund large-scale data center buildouts without new equity issuance.
On August 10, 2026, Riot Platforms, Inc. reported its Q2 2026 results and announced that it has executed a 20‑year data center lease at its Rockdale campus with a leading frontier AI lab for 191 MW of critical IT capacity, expected to generate $9.1 billion in initial contract revenue (and up to $16.1 billion including extension options), alongside commissioning the first 25 MW of capacity for AMD in May 2026 and beginning construction on an additional 25 MW for AMD, while outlining a financing plan that relies on a $573 million interim facility from Morgan Stanley, capital recycling from AMD-related term loans, and existing liquidity of $1.2 billion (cash and bitcoin) to fund $2.1–$2.3 billion of projected capital expenditures for the new AI lease without issuing new equity.
Filing Facts
- CIK
- 1167419
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001104659-26-093406
- Alert Tier
- 8