Riot's compute lease deal is worth about $6 per share, roughly $2 billion, in lease payments alone, excluding terminal value. That answers @tylermacro10's question of how the deal could be valued above its net contract revenue: the higher valuation includes terminal value on top of the lease payments. x.com 

Riot Platforms already owns energized ERCOT megawatts, the scarcest input in the AI buildout, as new grid interconnects run years out. That is why a frontier AI lab, reported as Anthropic, signed a 20-year, 191-MW Rockdale lease worth about $9.1B, though full load isn't until June 2028. Riot should be valued on contracted megawatts, not sales. The risk is that it stays unprofitable and bitcoin-levered until the ramp, with one tenant carrying the story and $878M of debt against $471M of cash. … Show more

Riot Platforms has needlessly burned more investor capital than almost any bitcoin miner this cycle. It pursued a failed Bitfarms takeover, paid exorbitant executive compensation and bought $500M of bitcoin at $98k in December 2024 only to sell it between $60k and $70k. Per the quoted post, Riot sold 9,665 BTC in the first half of 2026 at an average price of $75,785. x.com  x.com 

Riot Platforms is being re-rated from bitcoin miner to AI infrastructure provider. AMD exercised its option to double contracted capacity at Riot's Rockdale site to 50 MW, a deal valued at $636 million, and Q1 revenue of $167.2M beat the $130M consensus, with $33.2M from data-center services. Needham and Macquarie are reclassifying it. Riot also offers high-beta bitcoin exposure, and ERCOT curtailment credits bring all-in power costs to $0.03/kWh, giving resilience at cycle bottoms. x.com 

Riot Platforms' $9B, 20-year deal with Anthropic shows demand for AI compute is far from over. The contract is larger than Riot's entire $7.3B value, a direct rebuttal to bears claiming there is no demand. The AI buildout should run until 2028-2029, and free cash flow will arrive ahead of that. x.com  x.com  x.com  x.com 

Riot Platforms is positioned for the AI capacity shortage as a power-backed AI data-center developer, having signed a 20-year, $9.1B deal with Anthropic for 191 MW. AI cloud backlogs have passed $150B as large AI companies race to lock in capacity years ahead, and one provider said it could sell out its 2027 capacity at today's terms. x.com 

Riot Platforms appears to be shifting toward compute and services rather than pure bitcoin mining, backed by improving financials. A major AI infrastructure investment signals confidence in compute-intensive workloads, and an expanding AMD partnership points to sustained demand for high-performance AI processors; together they suggest the shift. x.com 

Riot Platforms is setting up for a breakout as its AI pivot gains power and analyst support. A Terrestrial Energy MOU could provide up to 4GW of nuclear power, AMD doubled its deal to 50MW, and KBW, Clear Street and Jefferies have targets of $37-$38. Miners sold off together as crypto cooled, but Riot is in a falling wedge with buyers stepping in at the 200 EMA. A close above $22.33 opens targets at $24.15, $26.28 and $28.84. x.com 

Reduced perceived CoreWeave credit risk and a fully ramped lease would support a higher valuation for Galaxy Digital. A $50 share price in 18 months seems reasonable if the CoreWeave lease reaches $1B+ of EBITDA and the first phase of an 830MW lease to a new investment-grade tenant is online by mid-2028, adding $200M-$300M of EBITDA. Further leases and execution at other sites, a crypto bull market and recurring digital-asset licensing revenue could take it much higher. x.com 

Long-lived parts and maintenance revenue is an underappreciated benefit for many behind-the-meter power firms, some of which have gotten very cheap on 2027-28 estimates. INNIO expects more than $50M a year per GW in services from its 19GW backlog and reserved slots, much of it arriving five and ten years after deployment, atop roughly $30M a year per GW from its 44GW installed base. That revenue could persist long after the data-center capex boom ends. x.com