20-year data center lease with AI lab, $9.1B contract revenue
Company: Riot - Project: Rockdale
The claim, verbatim
Riot executed a 20-year data center lease and services agreement with a frontier AI lab for 191 MW of critical IT capacity at the Rockdale campus, expected to generate approximately $9.1 billion in total contract revenue over the initial term, with two five-year extension options that could bring total potential contract value to approximately $16.1 billion if exercised
Source (primary)
RIOT 8-K Filings - Riot Platforms, Inc. SEC 8-K - Stock Titan (-, news_article)
View cached copy (2026-09-27)Live source ↗Archive.org ↗
Quote: “Subsequent to quarter end, Riot executed a 20-year Data Center Lease and Services Agreement with a leading frontier AI lab for 191 MW of critical IT capacity at its Rockdale campus. The initial term is expected to generate approximately $9.1 billion in total contract revenue, with two five-year extension options that would bring total potential contract value to about $16.1 billion if exercised.”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The August 10, 2026 8-K summary states every element of the AI lab lease, including term, capacity, location, and contract values.
Confirmed in the source:
- Riot executed a 20-year Data Center Lease and Services Agreement with a leading frontier AI lab
- The lease covers 191 MW of critical IT capacity at the Rockdale campus
- The initial term is expected to generate approximately $9.1 billion in total contract revenue
- The agreement includes two five-year extension options
- Total potential contract value would be about $16.1 billion if the extensions are exercised
What we did: Read our cached copy of the publisher (https://www.stocktitan.net/sec-filings/RIOT/8-k.html) in full (13,324 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms RIOT 8-K Filings - Riot Platforms, Inc. SEC 8-K - Stock Titan
Quote: “Subsequent to quarter end, Riot executed a 20-year Data Center Lease and Services Agreement with a leading frontier AI lab for 191 MW of critical IT capacity at its Rockdale campus. The initial term is expected to generate approximately $9.1 billion in total contract revenue, with two five-year extension options that would bring total potential contract value to about $16.1 billion if exercised.”