Riot Platforms surged 21% in pre-market trading.
Original headlineRiot Platforms 美股盘前大涨 21%
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Riot Platforms shares jumped 21% in pre-market trading on November 4 after the bitcoin miner reported third-quarter revenue of $181 million and signed a $28 billion AI data center lease agreement. The company also moved its digital assets from NYDIG Trust to BitGo Bank & Trust, automatically terminating its custody agreement with NYDIG on October 29. The lease deal signals a strategic pivot toward AI infrastructure hosting, diversifying Riot's revenue beyond bitcoin mining. Investors are watching whether the AI data center contract translates into sustained revenue growth and how the custody shift affects the company's bitcoin holdings.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Riot Platforms (RIOT), BitGo Bank & Trust, NYDIG Trust, Bitget
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