RIOT: Signed $9.1B AI lab lease, grew AMD capacity, and posted 14% YoY revenue growth in Q2
Quartr·
- Riot secured a 20-year, $9,100,000,000 AI lab lease and expanded its AMD partnership.
- The company posted $174,000,000 in Q2 revenue, representing a 14% year-over-year growth.
- It ended the period with $1,200,000,000 in liquidity while maintaining industry-leading power and cost efficiency.