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Riot Platforms plans $5.5B data-center project with Anthropic, funded mostly by debt and Bitcoin sales.

Market News
06 Nov 2026, 16:19 WIB
Tokenpost
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Riot Platforms plans $5.5B data-center project with Anthropic, funded mostly by debt and Bitcoin sales.

Riot Platforms is advancing a $5.5 billion data-center project with Anthropic, involving a lease for 910 megawatts at Riot’s Corsicana site. The project financing relies heavily on debt, with Riot expecting lenders to cover 80% to 90% of costs and Riot contributing $500 million to $1.1 billion in cash. Riot has sold over 20,000 Bitcoin this year to fund construction and repay a $200 million loan, holding just 2,418 BTC as of September 30. The lease includes a provision for Riot to pay 12% interest on construction costs, and once operational, Riot anticipates annual rent income of about $1.8 billion over 15 years.

Riot Platforms is the subject, with Pluang market data providing context. For readers following cryptocurrency markets, here is Pluang's snapshot as of Nov 06, 2026 21:21 WIB: Out of 50 major cryptocurrencies, 6 rose and 43 fell. Notable movers include BCH at Rp4.788.016 with a 1-day change of -8.66%, EOS at Rp12.649 up 8.13%, and XLM at Rp2.772 down 6.73%.

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