🟢 Riot Platforms is trading 12.55% up in after-hours trading on $9.1 billion AI data-center lease

Riot Platforms is trading $21.83 (+12.55%) after reporting strong Q2 results and announcing AI infrastructure milestones.

• Q2 revenue reached $174.2 million, above the $154.3 million FactSet estimate.
• Riot Platforms announced a 20-year, $9.1 billion data-center lease with a frontier AI lab and expanded AMD hosting commitments.
• Bitcoin was down 1.54% since the prior close, so crypto weakness does not explain the rally; the move most likely reflects the earnings release and AI infrastructure milestones.