Riot Platforms (NASDAQ: RIOT) buys Rockdale land, leases site to AMD

Rhea-AI Filing Summary

Riot Platforms, Inc. reported that on January 16, 2026 it purchased the 200 acres of land underlying its existing Rockdale, Texas facility and entered into a new long-term lease there with Advanced Micro Devices, Inc. (AMD). The 10-year agreement with AMD covers 25 megawatts of critical IT load capacity at the Rockdale site, indicating that a portion of the facility’s power and infrastructure will be committed to AMD’s operations. Riot also published a press release and a separate business update describing these transactions, which are included as exhibits to this report.

Insights

Equity & infrastructure analyst

Riot secures Rockdale land and signs 10‑year AMD capacity lease.

Riot Platforms has purchased the 200 acres beneath its Rockdale, Texas facility and signed a 10‑year lease with AMD for 25 megawatts of critical IT load capacity. Owning the underlying land can provide greater operational control and stability at a key site, while the AMD agreement commits a defined slice of the Rockdale power capacity to a single technology customer.

The filing does not disclose financial terms, so the direct revenue and margin impact of the AMD lease cannot be assessed from this excerpt. However, the combination of site ownership and a multi‑year, named‑counterparty lease may be important for how the Rockdale asset is utilized and perceived. Further details in the accompanying press release and business update would clarify the economic significance.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): January 16, 2026

Riot Platforms, Inc.

(Exact name of registrant as specified in its charter)

​	​	​	​	​
Nevada	​ ​ ​	001-33675	​ ​ ​	84-1553387
(State or other jurisdiction of incorporation)	​	(Commission File Number)	​	(I.R.S. Employer Identification No.)

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3855 Ambrosia Street, Suite 301

Castle Rock, CO 80109

(Address of principal executive offices)

(303) 794-2000

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Exchange Act:

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Title of each class	​ ​ ​	Trading Symbol(s)	​ ​ ​	Name of each exchange on which registered
Common Stock, no par value per share	​	RIOT	​	Nasdaq Capital Market

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Item 8.01 – Other Events.

On January 16, 2026, Riot Platforms, Inc. (the “Company”), issued a press release (the “Press Release”) and an update announcing that the Company purchased the 200 acres of land underlying it’s facility in Rockdale, Texas (the “Rockdale Site”) and entered into a 10-year lease agreement with Advanced Micro Devices, Inc. (“AMD”) for 25 megawatts of critical IT load capacity at the Rockdale Site on its website, www.riotplatforms.com, under the “Investor Relations” tab (the “Transactions”). The full text of the Press Release is included herewith as Exhibit 99.1 and is incorporated herein by reference.

On January 16, 2026, the Company also released a business update regarding the Transactions (the “Business Update”). A copy of the Business Update is included herewith as Exhibit 99.2 and is incorporated herein by reference.

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Item 9.01 – Financial Statements and Exhibits.

(d)Exhibits.

EXHIBIT INDEX

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Exhibit No.	​ ​ ​	Description
99.1	​	Press Release, dated January 16, 2026.
99.2	​	Business Update, dated January 16, 2026.
104	​	Cover Page Interactive Data File (embedded within the Inline XBRL document)

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S I G N A T U R E

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

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​	RIOT PLATFORMS, INC.		​
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​	By:	/s/ Colin Yee	​
​	Name:	Colin Yee	​
​	Title:	Chief Financial Officer	​

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Date: January 16, 2026

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FAQ

What did Riot Platforms (RIOT) announce in this Form 8-K?

Riot Platforms announced that it purchased the 200 acres of land under its Rockdale, Texas facility and entered into a 10-year lease with AMD for 25 megawatts of critical IT load capacity at that site.

Where is the property that Riot Platforms purchased?

The property consists of 200 acres of land underlying Riot Platforms' facility in Rockdale, Texas.

What are the key terms of Riot Platforms’ lease agreement with AMD?

Riot Platforms entered into a 10-year lease agreement with Advanced Micro Devices, Inc. for 25 megawatts of critical IT load capacity at the Rockdale site.

Did Riot Platforms provide more details about the Rockdale transactions?

Yes. Riot Platforms issued a press release and a separate business update discussing the Rockdale land purchase and the AMD lease, which are attached as Exhibits 99.1 and 99.2.

How can investors access Riot Platforms’ press release and business update?

The company posted the press release and business update on its website, www.riotplatforms.com, under the “Investor Relations” tab, and they are also included as exhibits to this report.

Does the filing state any financial terms of the AMD lease with Riot Platforms?

The excerpt specifies the 10-year term and 25 megawatts of critical IT load capacity, but does not state financial amounts.