Nasdaq-listed mining companies make big moves: selling 1,080 BTC to finance data center construction

NonFungibleDegen · 2026-01-16T14:10:12+00:00

Riot Platforms recently sold 1,080 Bitcoins to raise nearly $96 million, using the funds for the Rockdale site data center project, and partnering with AMD for leasing services. The project is planned to be built in phases by 2026, demonstrating the maturity of the mining industry and the trend of infrastructure expansion.

NonFungibleDegen

2026-01-16 14:10:12

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【BitPush】The publicly listed Bitcoin mining company Riot Platforms has made a big move recently — they sold 1,080 Bitcoins, raising nearly $96 million. This money was not idle; it was directly used to purchase the Rockdale site, with the goal of developing a data center project.

Even more interesting is that Riot Platforms has partnered with chip giant AMD, signing a data center leasing and service agreement. According to the plan, the Rockdale park will deploy 25 MW of critical IT load capacity, which is a significant investment.

What about the construction progress? It will be carried out in phases, officially starting in January 2026, with the initial deployment expected to be completed by May. This indicates that large mining companies are no longer solely focused on mining itself but are actively expanding infrastructure ecosystems and developing data center businesses — reflecting the mature development trend of the entire mining industry.

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