# Riot and Hut 8 trade bitcoin for AI data centers and buybacks

- By: Bull Run Post Newsroom
- 2026-11-04T15:40:00.000Z

## Excerpt

Riot Platforms and Hut 8 reported third-quarter results on 4 November. Riot signed a 15-year, roughly $28 billion lease of its 910 MW Corsicana, Texas campus and repaid a $200 million loan with bitcoin sales. Hut 8 lifted its buyback authorization from $250 million to $1 billion.

> This information is not investment advice or a recommendation to buy or sell. All investment involves risk.

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https://bullrunpost.com/en/2026/11/04/riot-hut-8-ai-pivot-buybacks-shareholders/

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