Serenity said on Aug 11 that Riot Platforms (RIOT) has signed a $9.1 billion, 20-year deal with Anthropic, with total value potentially reaching $16.1 billion if all extension options are exercised. AMD has exercised an option to expand its existing Riot collaboration, and Riot has signed a letter of intent with a potential tenant for another 1GW campus. Serenity sees revenue inflection points for most data center hosting stocks clustering in H2 2027, with Riot-Anthropic's initial 96MW delivery slated for December 2027 and AMD-related 50MW fully online by May 2027. It also finds it interesting that ex-Bitcoin miners like IREN are evolving into AI data center and compute infrastructure providers.
Serenity said in a report on Aug 11 that Riot Platforms (RIOT) has entered into a $9.1 billion agreement with Anthropic. The contract runs 20 years, and if all extension options are exercised, the total value could reach as much as $16.1 billion.
The firm added that AMD has already exercised an option to expand its existing cooperation agreement with Riot. Separately, Riot has signed a letter of intent with a prospective tenant for another 1GW campus.
On project timelines, Serenity believes revenue inflection points for most data center hosting stocks may be concentrated in the second half of 2027. As an example, the Riot-Anthropic partnership is scheduled to deliver its initial 96MW of capacity in December 2027, while the AMD-related 50MW is expected to be fully online by May 2027.
Serenity also said it finds it "very interesting" to see companies such as IREN, which were primarily Bitcoin miners, gradually transforming into suppliers of AI data center and compute infrastructure.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
