BlockBeats News, January 16th, according to Bitget market data, US-listed mining company Riot Blockchain (RIOT) rose 7.7% in pre-market trading, the company signed a data center lease agreement with AMD.
Riot Blockchain stated that the agreement with AMD (AMD.O) includes the deployment of an initial 25-megawatt capacity, with the potential to expand to up to 200 megawatts. The deal is expected to bring in $311 million in contract revenue. If the contract is fully extended, contract revenue could increase to around $1 billion.
