Riot Platforms' shares rose nearly 7% during pre-market trading on January 16, as the company formalized a data center lease partnership with AMD. The move marks a significant step forward for Riot's infrastructure expansion, with the lease agreement expected to support the firm's computing operations. News of the partnership emerged via TechFlow and data platform Jinshi, signaling renewed investor confidence in Riot's growth strategy.
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Riot Platforms' shares rose nearly 7% during pre-market trading on January 16, as the company formalized a data center lease partnership with AMD. The move marks a significant step forward for Riot's infrastructure expansion, with the lease agreement expected to support the firm's computing operations. News of the partnership emerged via TechFlow and data platform Jinshi, signaling renewed investor confidence in Riot's growth strategy.