RIOT jumps after AMD lease, $96mn Bitcoin-funded expansion

RIOT jumps after AMD lease, $96mn Bitcoin-funded expansion

Riot Platforms shares rose nearly 9% after the company signed a data center lease with Advanced Micro Devices Inc. (AMD) for its Rockdale facility. Riot also sold 1,080 Bitcoin worth $96 million to fund the purchase of 200 acres of land in Texas. Retail sentiment around both Riot and AMD remained extremely bullish.

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