Stocks

“Riot Platforms (RIOT) Climbs 16% on AMD Data Center Lease Deal”

“…Riot Platforms bounced back by 16.11 percent on Friday to finish at $19.24 apiece after bagging a data center lease and services agreement with Advanced Micro Devices Inc. (AMD), which could potentially generate the former up to $1 billion in revenues…

The initial contract amounts to $311 million, with an option for AMD to extend its lease by three five-year contracts, or by 15 years, for a total of $1 billion…”

https://finance.yahoo.com/news/riot-platforms-riot-climbs-16-080407041.html

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