Riot Platforms said AMD has exercised an option for an additional 25 megawatts of capacity at Riot's Rockdale, Texas site, doubling AMD's contracted footprint there to 50 MW and giving the bitcoin miner a clearer early proof point for its push into AI and high-performance computing infrastructure.

What changed

In Riot's first-quarter 2026 results, the company said the AMD expansion takes total contracted critical IT capacity at Rockdale to 50 MW. Riot also reported its first quarter of data center revenue, with the segment contributing $33.2 million during the period ended March 31. Most of that came from tenant fit-out services, while a smaller portion came from operating lease revenue as initial capacity began going live.

The update matters because Riot is trying to show that its data center strategy is moving beyond concept stage. The company has historically been known for bitcoin mining, but management is now positioning Rockdale and Corsicana as large-scale sites for higher-density computing workloads.

Why it matters

Riot's January announcement of the original AMD lease described an initial 10-year term for the first 25 MW, with a broader pathway that could eventually reach 200 MW if additional options are exercised. The new 25 MW expansion does not guarantee that full buildout, but it does show AMD increasing its commitment only a few months after the initial deal was announced.

That makes this a more concrete AI-infrastructure transition than a generic mining company pivot deck: Riot now has live data center revenue and a larger contracted hyperscale tenant footprint to point to.