Riot Leases $28B AI Campus

Riot shifts its Corsicana site to AI operations for $28 billion as Bitcoin tracks the S&P 500.

1. Riot Leases $28B AI Campus at Corsicana Riot finalized a $28 billion infrastructure lease for its entire Texas facility to host artificial intelligence operations. The miner liquidated 20,264 $BTC to fund data center construction, despite crypto mining generating 64% of Q3 revenue.

2. Bitcoin Matches S&P 500 Daily Win Rate Bitcoin outperformed the S&P 500 in 50% of the past 90 US trading sessions, reaching its highest win rate since March 2025, according to Glassnode. TradingView data shows a 0.63 rolling correlation between the asset and equities.

3. Centrifuge and Schroders Deploy Solana Debt Fund Schroders launched its tokenized emerging markets bond strategy on Solana, marking the active manager's first deployment on the network. The move introduces managed sovereign and corporate debt to public blockchain infrastructure.

4. Crédit Mutuel Arkéa Alleged Victim of $133M Hack ZachXBT alleged that French bank Crédit Mutuel Arkéa lost over $133 million in a multi-day crypto theft from centralized exchange accounts. The attacker allegedly laundered stablecoins into $ETH and Monero.

5. Circle Trims Staff Amid Q3 Profit Circle cut about 5% of its workforce, incurring $9.1 million in severance charges. Net income reached $226 million in Q3, supported by the ARC token presale, while reserve income declined as $USDC market share dropped to 27%.

Numbers Bitcoin traded at $80,183, Ethereum reached $2,416, and total market capitalization hit $2.69 trillion.

Watch

• Riot's subsequent quarterly reports for revenue shifts toward leased compute receipts.
• Equity market returns over the initial three-month post-midterm window.
• Onchain issuance volume for the Schroders Solana deployment.