According to BlockBeats, on January 17, cryptocurrency mining company Riot Platforms announced the acquisition of 200 acres of land in Rockdale, Texas, through a transaction valued at $96 million. The purchase was financed by selling approximately 1,080 bitcoins. Additionally, Riot Platforms has entered into a data center leasing and service agreement with semiconductor company AMD, initially deploying 25 megawatts of critical IT load capacity. Riot Platforms stated that the initial 10-year agreement could generate approximately $311 million in revenue for the company, with the potential to reach $1 billion if three five-year renewal options are exercised
source: https://www.binance.com/en/square/post/35189262655033?utm_source=BinanceNewsRSS