Expected debt financing percentage for AI-lab project
Company: Riot
The claim, verbatim
Management expects debt financing to cover 80% to 90% of the AI-lab project cost
Source (primary)
Riot Platforms Is Quietly Spending Its Bitcoin — Here’s Why That Matters - finance.yahoo.com (-, news_article)
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Quote: “Management expects debt financing to cover 80% to 90% of the AI-lab project's estimated $2.1 billion to $2.3 billion cost”
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Additional evidence
confirms Riot Platforms Is Quietly Spending Its Bitcoin — Here’s Why That Matters - finance.yahoo.com
Quote: “Management expects debt financing to cover 80% to 90% of the AI-lab project's estimated $2.1 billion to $2.3 billion cost”