Riot Platforms Raises $200 Million from Bitcoin Sales to Fund AI Data Center Project
DATA AND AI INFRASTRUCTURE
Riot Platforms raised nearly $200 million by selling 2,201 BTC in late 2025 to fund the first phase of its Corsicana AI data center, expected to be completed by Q1 2027. The company’s BTC holdings have decreased to 18,005, valued at approximately $1.65 billion, while its mined BTC increased by 8% month-over-month in December. Moving forward, Riot plans to focus on quarterly reporting related to business performance and data center strategy.
Jan 7, 2026, 1:10 PM
