Bitcoin miner Riot Platforms has signed a 20-year compute agreement with Anthropic worth $9 billion. Under the deal, Anthropic will lease 191 megawatts of power at Riot’s Rockdale, Texas campus. Riot had previously described the counterparty only as a leading frontier AI company. The contract is seen as a step toward shifting Riot’s business from bitcoin mining to AI infrastructure leasing, with revenue projected to rise further if extension options are exercised.

American Bitcoin (ABTC), co-founded by Eric Trump (에릭 트럼프), has tied up 3,090 of its 8,002 bitcoins as collateral for mining equipment purchases, equal to 38.6% of its holdings. The company keeps the coins on its balance sheet while retaining redemption rights. Disclosures put the pledged bitcoin’s book value at $184.90 million and non-current mining rig purchase liabilities at $371.70 million. ABTC posted a $57.20 million net loss under U.S. accounting standards and raised $33.60 million by selling 2.15 million Class A shares.