Riot Platforms, Inc. · NASDAQ:RIOT
Riot Platforms — Corporate Update (January 2026)
15 slides from Riot Platforms's corporate update, Jan 16, 2026
Slide 1: Riot Platforms Business Update
Slide 2: Forward-Looking Statement
FORWARD- LOOKING STATEMENT
Slide 3: Riot Announces Transformational Data Center Milestones at Rockdale
Riot Announces Transformational Data Center Milestones at Rockdale o Acquisition of Land at Rockdale 1G Fee simple acquisition for $96M 200 acres of land in Rockdale previously leased by Riot 50 700 MW Evergreen interconnection with ONCOR Removes $130M of potential future ground lease obligations Se
Slide 4: Rockdale Site
_|_ Rockdale Site ~| Acquisition
Slide 5: Riot Acquires Land at Rockdale to Unlock HPC Development
Riot Acquires Land at Rockdale to Unlock HPC Development L Purchase Transaction Summary Funded by the sale of 1,080 bitcoin off Riot's PURCHASE PRICE $96,000,000 balance sheet Includes 100 acres used for existing Bitcoin PARCEL SIZE 200 Acres mining operations; campus layout supports full data cente
Slide 6: Fee Simple Acquisition of Rockdale Land Unlocks Significant Value
Fee Simple Acquisition of Rockdale Land Unlocks Significant Value Unlocks ability to fully utilize Rockdale's power capacity to lease data centers to hyperscale tenants Converts site from a ground lease to full fee | simple ownership by Riot, eliminating lease expiry risk and strengthening long-term
Slide 7: Data Center Lease with AMD
Data Center Lease with AMD
Slide 8: AMD Data Center Lease Executed
AMD Data Center Lease Executed custom built data center with expansion up to 20OMW AMD¢1 1oT (S&P RATING: “A” / MOODY'S RATING: “A1") Initial Capacity Lease start date* Total Coat Expansion Options Initial Term Extension Options en wil be davered in two phases, with the fist S MAW phase 2 Sarpleted
Slide 9: Near Term Delivery to AMD beginning January 2026
Near Term Delivery to AMD beginning January 2026 Sign Phase1-S5MW Phase2-20MW 75MW 100 MW lease Delivered in Delivered in Expansion ROFR for with AMD January 2026 May 2026 Option Additional Capacity | | 200 MW of Potential Critical IT Load Capacity with AMD AMDZ1 1OoT
Slide 10: Veteran Data Center Team
Veteran Data Center Team Built from industry leaders with proven track records Team has completed 5+ GW of Data Center design and construction Leveraging Riot’s Data Center Capabilities to Power AMD $3.6M/MW Purpose-built redundancy aligned to customer Leveraging of existing electrical & mechanical
Slide 11: Announced Data Center Initiatives Will be Fully Funded Through Riot's Balance Sheet
Announced Data Center Key Data Center Capital Expenditures Initiatives Will be Fully Funded Through Riot’s Balance Sheet | | ete | Rockdale Land e Leveraging Riot’s Strong Balance Sheet pigchees $96 1080 BTC ii AM pulldonn® $90 - 926 BTC $406 million’ $1.7 billion? Total cash Value of 18,005 bitcoin
Slide 12: Transactions Create Multitude of Benefits to Riot and Data Center Platform
Transactions Create Multitude of Benefits to Riot and Data Center Platform Riot Data Center Team Establishes Riot’s Data Center Operations AMD Lease Advantages Q1 2026 commencement reduces delivery risk with cash flows commencing near term {T Rockdale Site Benefits Efficient conversion of existing B
Slide 13: Riot owns a GW+ Critical IT Leasing Opportunity
Riot owns a 1 GW¢+ Critical IT Leasing Opportunity Critical IT MWs 1,400 1,200 1,000 800 600 400 200 January 2025 ‘Announced strategic pivot to evaluate potential HPC development at Corsicana June 2025 Hired Jonathan Gibbs as Chief Data Center Officer Begin assembling best in class data center team
Slide 14: Appendix
APPENDIX
Slide 15: Riot Currently Trades Among the Lowest EV / MW Multiples in the Sector
Riot Currently Trades Among the Lowest ‘mt EV / MW Multiples in the Sector Riot Signed Data CenterLeases [i No Signed Data CenterLeases [i $8.4 $7.3 lin G HUT e ggRGB Qemencenre A EV / 2027 Available MW'*($m) $1.5 Rat