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Riot Platforms Signs $28 Billion AI Lease for Its Corsicana Campus

November 4, 2026, 3:31 PM UTC (1 hour ago) · 1 source · Summarized by CryptoBipto

Riot Platforms, a major Bitcoin mining company, has signed a $28 billion lease agreement to convert its entire Corsicana, Texas campus for AI computing use. The deal represents a significant pivot from cryptocurrency mining toward artificial intelligence infrastructure.

WHY IT MATTERS

Bitcoin mining requires huge warehouses filled with computers that consume enormous amounts of electricity.

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SOURCES

thedefiant.io

BTCBitcoin MiningAI ComputingRiot PlatformsData CentersInfrastructure

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