Corsicana Facility initial phase operations commence by end of Q1 2024
Company: Riot - Project: Corsicana
What the later record shows
Delivered late · happened April 30, 2024
Initial-phase operations were promised by the end of Q1 2024. Filings state they commenced in April 2024, after the substation was energized.
“Our Bitcoin mining operations commenced in April 2024, following commissioning of the substation.”
2024-11-03 · Riot 10-Q filed 2024-11-04 View cached copy (2026-08-31)Live source ↗
“Operations of this initial phase of the development commenced in April 2024, following energization of the substation.”
2025-02-27 · Riot 10-K filed 2025-02-28 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Operations at Corsicana Facility initial phase expected to commence by end of first quarter of 2024, following commissioning of substation
Source (primary)
Riot 10-K filed 2024-02-23 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “operations are expected to commence by the end of the first quarter of 2024, following commissioning of the substation”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 10-K describes the Corsicana initial phase and says operations are expected to begin by the end of Q1 2024, following substation commissioning.
Confirmed in the source:
- The initial phase of the Corsicana Facility includes a high-voltage power substation and data center construction
- Operations are expected to commence by the end of the first quarter of 2024
- Commencement is expected to follow commissioning of the substation
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000155837024001550/riot-20231231x10k.htm) in full (443,676 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 10-K filed 2024-02-23
Quote: “operations are expected to commence by the end of the first quarter of 2024, following commissioning of the substation”
confirms Riot 10-Q filed 2024-11-04
Quote: “Our Bitcoin mining operations commenced in April 2024, following commissioning of the substation.”
confirms Riot 10-K filed 2025-02-28
Quote: “Operations of this initial phase of the development commenced in April 2024, following energization of the substation.”