The claim is mostly true because multiple sources report a $9.1 billion agreement between Anthropic and Riot Platforms for AI data-center capacity, although the 20-year duration is independently supported by only one provided source.
Mostly True
Anthropic signs a $9.1 billion, 20-year deal with Bitcoin miner Riot Platforms to secure AI compute capacity
Anthropic Signs Mega Deal With Google, Broadcom: Why Bitcoin Miners Should Pay Attention - IBTimes UK
Source: ibtimes.co.uk
At a glance
Verified August 11, 2026Key Evidence
Bloomberg, Investing.com, and The Business Times all report a roughly $9.1 billion Anthropic-Riot agreement for AI computing or data-center capacity.
Gizmodo is the only provided source that explicitly identifies the arrangement as a 20-year lease, so that detail is plausible but less independently corroborated.
CoinDesk's April 7, 2026 report provides broader context about Anthropic securing large-scale compute capacity and competing with Bitcoin miners for energy infrastructure.
The reporting
What the Evidence Shows
Bloomberg reported on August 11, 2026, that Anthropic entered a $9.1 billion agreement with Riot Platforms, a Bitcoin-mining company expanding into AI data-center services. Investing.com and The Business Times independently described the same reported transaction and its purpose, securing AI computing or data-center capacity for Anthropic.
The 20-year term is reported by Gizmodo, which characterized the arrangement as a 20-year lease involving capacity expected to come online by 2028. However, the provided summaries from Bloomberg, Investing.com, The Business Times, and CoinDesk do not themselves specify the full 20-year duration. Therefore, the dollar amount and general purpose are well supported, while the exact term has a narrower evidentiary basis.
The claim also fits a broader industry trend documented by CoinDesk and other sources: Bitcoin miners are attempting to repurpose power and data-center infrastructure for AI workloads. The supplied sources mention other Anthropic infrastructure agreements, including arrangements involving Google, Broadcom, AMD, TeraWulf, and a cloud startup, but those deals should not be conflated with the Riot agreement.
Primary trail
Verified Sources10
Open source