Riot Platforms stock jumps on $311 million AMD data center lease — what RIOT investors watch next week
New York, Jan 17, 2026, 07:03 EST — The market has closed. Riot Platforms shares surged Friday after the bitcoin miner announced it signed its first data center lease with Advanced Micro Devices and purchased the land beneath its Rockdale, Texas facility. The stock closed at $19.24, rising roughly 16% on heavy volume. This move is significant because Riot aims to repurpose its energy-intensive bitcoin mining sites into data centers geared for high-performance computing — the kind of capacity AI workloads demand — rather than relying solely on crypto cycles. Investors will get their first real glimpse of this pivot