Riot Platforms Surges 20% on Landmark $9.1B AI Data Center Deal

Key Facts

In a move reflecting the strategic pivot toward AI infrastructure, Riot Platforms shares witnessed a significant surge. The stock jumped 20% in premarket trading following reports of a $9.1 billion deal with Anthropic to provide data center capacity. According to reports, this agreement spans 20 years, representing a major expansion for Riot into high-performance computing infrastructure beyond its core Bitcoin mining operations.

Parallel to this tech momentum, Plug Power recorded strong performance as its shares climbed 11% following Q2 results that beat expectations. Per market data, this rise was driven by improved margins and the company raising its 2026 revenue growth targets, bolstering confidence in the clean energy sector. These moves come as markets monitor supply chain stability and renewable energy demand.

Looking at available data as of August 11, 2026, specific closing price levels are not cited due to unavailable instrument price data. However, investors should monitor upcoming US economic catalysts; recent data showed JOLTs job openings falling to 7.359 million, which may influence broader market sentiment toward growth and tech stocks in the coming sessions.