Riot Platforms Partners with AMD on $1B Data Center Lease Agreement
- Strategic Partnership: Riot Platforms has signed a 10-year data center lease agreement with semiconductor giant AMD, expected to generate approximately $311 million in revenue, further solidifying its leadership position in the Bitcoin mining industry.
- Data Center Expansion: The initial lease covers 25 megawatts of critical IT load, with phased delivery scheduled from January 2026 to May 2026, showcasing the company's strategic investment in infrastructure.
- Land Acquisition: Riot invested $96 million in land at its 200-acre site in Milam County, Texas, fully funded by selling approximately 1,080 BTC, demonstrating flexibility in asset management and capital utilization.
- Regional Advantage: Riot now owns and manages over 1,100 acres and 1.7 gigawatts of power capacity in Texas, anchoring a core position in the 'Texas Triangle,' enhancing its market competitiveness and resource integration capabilities.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0136 | 0.0155 | 0.0171 | 0.019 | 0.0206 | 0.0225 | 0.0241 |
| Fibonacci | 0.0155 | 0.0168 | 0.0176 | 0.019 | 0.0203 | 0.0211 | 0.0225 |
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