Riot Platforms stock jumps on $1 billion AMD data-center lease as investors eye next milestones
New York, Jan 17, 2026, 04:57 EST — The market has closed. Riot Platforms shares jumped Friday following the bitcoin miner’s announcement of its first data-center lease with Advanced Micro Devices, marking a move further into the AI infrastructure space. The stock climbed $2.66, roughly 16%, closing at $19.24 amid heavy trading. This move is significant as Riot aims to transform its energy-intensive mining operations into a more stable business model, selling capacity to major computing clients. Securing a long-term deal with a blue-chip tenant could shift the focus away from bitcoin’s daily volatility and toward the company’s buildout and