Anthropic Strikes $9 Billion Compute Power Deal with Riot — Bloomberg

cryptonews.ruPubblicato 2026-08-11Pubblicato ultima volta 2026-08-11

Introduzione

Anthropic has entered into a 20-year deal worth approximately $9 billion with bitcoin miner Riot Platforms. According to Bloomberg, the agreement grants the AI developer access to 191 MW of computing power at Riot's facility in Rockdale, Texas. This follows another 20-year, $19 billion deal Anthropic made with bitcoin miner TeraWulf earlier in July. The partnerships are part of a trend of bitcoin mining companies, including Bitdeer, CleanSpark, and Core Scientific, expanding into the AI and high-performance computing sectors. Analysts suggest these alliances help address the electricity shortage hindering AI data center development. Riot's stock has risen over 53% year-to-date, and the company is the world's fourth-largest mining firm by market capitalization.

Mining company Riot Platforms has signed a 20-year agreement to provide 191 MW of power at its site in Rockdale, Texas, to a "leading developer of advanced AI," according to a press release published on Monday.

The client is Anthropic, and the deal is worth approximately $9 billion, Bloomberg reported on Monday, citing sources familiar with the matter.

Cointelegraph has requested comment from Anthropic and Riot.

Anthropic struck a $19 billion deal on July 6 for a 20-year data center lease with bitcoin miner TeraWulf.

The agreement adds to the list of bitcoin miners expanding their business into AI and high-performance computing. These include Bitdeer, CleanSpark, MARA Holdings, Core Scientific, Hut 8, and IREN.

On Monday, Riot's stock fell by 5.4%, but surged over 21% in after-hours trading. Year-to-date, the shares are up over 53%, according to Yahoo Finance data. Riot ranks as the world's fourth-largest mining company with a market capitalization of $7.33 billion, according to CompaniesMarketCap data. In a July report provided to Cointelegraph, Bernstein analysts indicated that partnerships between AI companies and bitcoin miners are necessary to address the electricity shortage hindering the development of AI data centers. Journal: How Bitcoin Mining Heat is Being Used to Warm Canadian GreenhousesAnthropic Strikes $9 Billion Compute Power Deal with Riot — Bloomberg

Domande pertinenti

QWhich two companies have entered into a major AI compute capacity agreement according to the article?

AThe AI company Anthropic and the Bitcoin mining company Riot Platforms have entered into the agreement.

QWhat is the estimated total value and duration of the deal between Anthropic and Riot?

AThe deal is valued at approximately $9 billion and has a duration of 20 years.

QWhat specific resource is Riot Platforms providing to Anthropic at its Texas site?

ARiot Platforms is providing 191 megawatts (MW) of power capacity at its site in Rockdale, Texas.

QAccording to analysts from Bernstein cited in the article, why are partnerships between AI companies and Bitcoin miners necessary?

ASuch partnerships are needed to address the electricity supply deficit that is hindering the development of AI data centers.

QBesides Riot, name another Bitcoin mining company mentioned in the article that has recently signed a similar deal with Anthropic.

AAnother Bitcoin mining company that signed a similar 20-year deal with Anthropic, mentioned in the article, is TeraWulf.

Letture associate

History Repeating? Bitcoin Returns to the Digital Gold Era

Is Bitcoin history repeating? The article examines its shifting correlations with traditional assets like gold and tech stocks. Currently, Bitcoin's 90-day correlation with gold has surged to +0.56, its highest since 2020, while its link to the Nasdaq 100 and the US Dollar has faded. This suggests Bitcoin is behaving more as a scarce "digital gold" store of value, driven by macro concerns over currency debasement and sovereign debt, rather than as a high-beta risk asset. The analysis highlights two opposing macro forces: U.S. Treasury actions supporting long-term bonds (which weaken the dollar and benefit scarce assets) versus the Federal Reserve's ongoing inflation fight keeping real yields high (which pressures non-yielding assets like Bitcoin). The market remains highly sensitive to data like Non-Farm Payrolls and CPI, which rapidly shift Fed policy expectations and trigger significant Bitcoin volatility. While Bitcoin remains a core barometer for crypto market risk sentiment, the article concludes that the broader digital asset ecosystem—spanning decentralized exchanges, tokenization, and prediction markets—is developing independent growth drivers. This suggests the industry has the potential to evolve across various macro cycles, regardless of Bitcoin's short-term price movements influenced by interest rates and inflation data.

marsbit26 min fa

History Repeating? Bitcoin Returns to the Digital Gold Era

marsbit26 min fa

Liquid Attacker Keeps $47 Million for Themselves: Is It a White Hat Bounty or Disguised Extortion?

On September 6th, an attacker exploited a vulnerability in the Elements software, the foundation of Blockstream's Liquid Network, to generate approximately 4,000 fake LBTC tokens. Using the normal withdrawal channels of the SideSwap service, they exchanged these for roughly 3,998.5 real BTC (worth about $320 million) from Liquid's multi-signature wallet. The attacker then left a message in a Bitcoin transaction claiming to be "whitehats" and requested on-chain contact. After Blockstream patched the vulnerability upon contact, the attacker returned 3,400 BTC but kept approximately 598.5 BTC (worth around $47 million) in an address under their control. Blockstream is currently in communication to recover these remaining funds and has not officially recognized them as a bug bounty payment. This incident has sparked debate within the crypto community. Supporters argue the attacker acted as a white hat by exposing a critical flaw, securing the fix, and returning most funds, thus preventing a total loss. Some suggest a 15% retention could set a precedent for incentivizing ethical disclosures in major hacks. Critics, however, contend that exploiting the bug first to extract funds and then unilaterally deciding on a reward resembles extortion rather than standard white-hat procedure, where vulnerabilities are typically reported first for a negotiated bounty. Blockstream's ongoing recovery efforts indicate they view the withheld sum as assets to be retrieved, not an agreed-upon bounty.

marsbit27 min fa

Liquid Attacker Keeps $47 Million for Themselves: Is It a White Hat Bounty or Disguised Extortion?

marsbit27 min fa

Fed Enters the "Data Game": 0.01 Percentage Point Could Tip the Rate Decision

The Federal Reserve's upcoming interest rate decision hinges on a razor-thin margin, potentially determined by differences as small as 0.01 percentage points in upcoming inflation data. Markets are split between expectations for a rate hike and a pause, with key focus on this week's Producer Price Index (PPI) and Consumer Price Index (CPI) reports for August. Economists note the Fed's primary inflation gauge is the Personal Consumption Expenditures (PCE) price index. Current CPI and PPI data will be used to estimate the upcoming PCE reading. Analysts like Krishna Guha of Evercore ISI suggest that a core PCE monthly increase of around 0.21%-0.22% could lead the Fed to hold rates, while a 0.23%-0.24% rise would "likely tilt towards a hike," highlighting the precarious nature of the decision. Fed Chair Kevin Warsh's role is seen as crucial following his Jackson Hole remarks emphasizing the prolonged miss of the 2% inflation target. Market pricing currently implies about a 60% chance of a hike. Officials are divided, with some advocating for a hike to demonstrate anti-inflation resolve, while others stress data dependence. Further complications include upcoming revisions to historical PCE data and external pressure, such as former President Trump's recent threats related to trade and interest rates. Guha notes that if market expectations solidify strongly in favor of a hike before the meeting, it could make pausing more difficult for Warsh. Ultimately, the September decision depends not just on whether inflation is high, but precisely where the PCE lands and whether Chair Warsh can unite a divided committee.

marsbit41 min fa

Fed Enters the "Data Game": 0.01 Percentage Point Could Tip the Rate Decision

marsbit41 min fa

SpaceX Weight Increase Triggers $12.4 Billion in Passive Buying; Trial of 2.3 Billion Shares Unlock Still Ahead?

SpaceX's inclusion weight in the Nasdaq 100 index is set to rise from 1.25% to approximately 1.51% in the quarterly rebalancing effective September 21. This increase, triggered by a jump in its free float to nearly 30% following the unlocking of over 1 billion shares, is projected to drive about $12.4 billion in passive fund inflows, according to JPMorgan. However, this mechanical buying pressure coincides with a significant wave of share supply. More than 2.3 billion additional restricted shares are scheduled to become eligible for sale in two batches: over 1 billion before late October and another ~1.3 billion after the Q3 earnings report in mid-November. This creates a core market dynamic for Q4, pitting near-term index-driven demand against potential medium-term selling pressure from these unlocks. While the initial post-earnings unlock in August did not lead to major insider selling, analysts highlight the November unlock as a key test for the stock's true market depth. The price has recently traded sideways around its $135 IPO level in the absence of fundamental catalysts. Beyond the Nasdaq 100, future potential for passive buying remains, as SpaceX is already in the Russell 1000 but must wait until mid-2027 for potential S&P 500 eligibility. The interplay between index fund buying and the impending supply of shares will be crucial for SpaceX's pricing in the coming months.

marsbit41 min fa

SpaceX Weight Increase Triggers $12.4 Billion in Passive Buying; Trial of 2.3 Billion Shares Unlock Still Ahead?

marsbit41 min fa

CARF: What to Report? An Interpretation of Reportable Information and Local Implementation Differences

The OECD's Crypto-Asset Reporting Framework (CARF) defines the information that Reporting Crypto-Asset Service Providers (RCASPs) must disclose annually. This report consists of three core data types: information about the RCASP itself, details on reportable users (including entity controllers), and aggregated transaction data for relevant crypto-assets (excluding certain types like CBDCs). Transaction categories include acquisitions/disposals for fiat or other crypto-assets, reportable retail payments, transfers, and transfers to unknown wallets. However, as jurisdictions implement CARF into local law, key differences from the OECD standard emerge. Variations include whether domestic tax residents must be reported (e.g., UK and New Zealand require it; Japan and Singapore typically do not), the local currency used for reporting valuations, thresholds for retail payment transactions (e.g., 500,000 yen in Japan), specific reporting field requirements (e.g., birthplaces, Tax Identification Number formats), and rules for nil returns. For compliance, RCASPs must integrate CARF's tax due diligence into existing KYC/AML processes, establish consistent fiat conversion and valuation mechanisms, and meticulously track jurisdictional implementation rules, as local adaptations will dictate the final data submitted to tax authorities.

marsbit51 min fa

CARF: What to Report? An Interpretation of Reportable Information and Local Implementation Differences

marsbit51 min fa

Trading

Spot