StocksMedium•5 November 2026•
1 min read
Riot Platforms Announces $38 Billion in AI Data Center Leases
Key Facts
1Riot Platforms announced $38 billion in AI data center leases, marking a significant strategic shift away from Bitcoin mining.
2Viavi Solutions expects sequential revenue gains through fiscal 2027 driven by data center and defense demand.
Riot Platforms announced $38 billion in AI data center leases, marking a significant strategic shift away from its core Bitcoin mining operations. Zacks reported that the company is repositioning its infrastructure to capture the growing demand for artificial intelligence computing.
Riot Platforms (RIOT) closed at $15.37 on November 4, 2026, with the stock trading between a low of $15.07 and a high of $16.2 during the session. Meanwhile, Viavi Solutions expects sequential revenue gains through fiscal 2027, supported by sustained demand in the data center, defense, and semiconductor testing markets.