20-year data center lease with AI lab, $9.1B contract revenue
Company: Riot
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
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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.”