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Riot Platforms Names Jonathan Gibbs CDCO to Lead New Data Center Strategy

Riot Platforms appoints Jonathan Gibbs as CDCO to expand into data center development, aiming to meet the surging demand for digital infrastructure and cloud computing.

This development is significant as it highlights the evolving landscape of digital infrastructure, where companies like Riot Platforms are diversifying beyond Bitcoin mining to address the increasing demand for cloud computing and AI applications. For investors and the tech industry, Riot's expansion into data center development represents a strategic pivot that could offer more stable revenue streams and long-term growth opportunities in the burgeoning digital economy.