Riot Platforms - CEO Jason Les Q&A - AMD Deal Announcement! episode artwork

EPISODE · Jan 16, 2026 · 24 MIN

Riot Platforms - CEO Jason Les Q&A - AMD Deal Announcement!

from Power Analysis · host Anthony Power & Bryce McNallie

We sit down with Riot Platforms CEO Jason Les to unpack the AMD lease, the Rockdale land purchase, and how we convert a mining-first footprint into a high-return data center platform. The conversation covers financing, speed to market, and why Texas power plus control changes the game.• Buying Rockdale land to unlock leasing and remove $130m in future ground rent• AMD’s 25 MW lease with options to 200 MW and ROFR• Retrofit economics at ~$3.5m per MW versus tier three builds• Using Bitcoin reserves for non‑dilutive equity and project financing• 1.7 GW Texas portfolio advantages near fiber, water and metro hubs• Decommissioning immersion mining to accelerate AMD timelines• Strategy to maximize value per watt with tier three as the core• Potential to expand Rockdale power with secured easements• Role of flexible Bitcoin load for balancing and interim monetization• Team buildout under Chief Data Center Officer Jonathan GibbsLet us know in the comments section below what you thought about today’s Riot news and if you’re currently holding shares!Anthonys Info:Website:https://www.powermininganalysis.comX: https://twitter.com/cazenove_ukPatreon:https://www.patreon.com/Cazenove_UKBryce's Info:X:https://twitter.com/McnallieMPatreon:https://www.patreon.com/McNallieMoneyMerch:https://shop.mcnalliemoney.com/Website:https://www.mcnalliemoney.comBusiness Inquiries:Email - [email protected]

Episode metadata supplied by the publisher feed · Published Jan 16, 2026

Embed this episode

We sit down with Riot Platforms CEO Jason Les to unpack the AMD lease, the Rockdale land purchase, and how we convert a mining-first footprint into a high-return data center platform. The conversation covers financing, speed to market, and why Texas power plus control changes the game. • Buying Rockdale land to unlock leasing and remove $130m in future ground rent • AMD’s 25 MW lease with options to 200 MW and ROFR • Retrofit economics at ~$3.5m per MW versus tier three builds • Using Bitcoi...

Distinct summary based on available episode metadata or transcript content.

NOW PLAYING

Riot Platforms - CEO Jason Les Q&A - AMD Deal Announcement!

0:00 24:23

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of Power Analysis?

This episode is 24 minutes long.

When was this Power Analysis episode published?

This episode was published on January 16, 2026.

Is there a transcript available for this episode?

Yes, a full transcript is available for this episode. You can read the complete transcript on the episode page.

Can I download this Power Analysis episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!