Riot Platforms sold 1,080 BTC to purchase land in Rockdale for the development of a data center project

The Nasdaq-listed Bitcoin mining company Riot Platforms announced that it has sold 1,080 Bitcoins and will use the proceeds of approximately $96 million to purchase land in Rockdale, aiming to develop a data center project. Additionally, the company has signed a data center leasing and service agreement with Advanced Micro Devices (AMD), which will deploy 25 megawatts of critical IT load capacity at the Rockdale site. The initial deployment will be phased, starting in January 2026 and completing by May 2026.