Riot Platforms shares climbed 4.7% to $19.91 after JPMorgan raised its price target to $22 from $20 and kept an Overweight rating, citing momentum from a 20-year, 191-megawatt Rockdale data-center lease Bloomberg later linked to Anthropic. Riot says the base term through June 2048 could generate about $9.1 billion in contracted revenue, with extension options lifting the potential total to $16.1 billion, as the Bitcoin miner expands from mining into AI infrastructure. Morgan Stanley later raised its own target to $43, while Riot continues funding the project, building out previously leased AMD capacity and reporting rising data-center revenue alongside softer Bitcoin mining economics as network hash rate increased.