jain.com
The Analysis · Companies · People · Methodology

Corsicana substation completion bringing 1.0 GW online

Company: Riot - Project: Corsicana

This claim was marked delayed on October 16, 2026. Recorded automatically from the cited source when it was published, then queued for evidence review.

How this was decided: Automated extraction from the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
facility timeline
Statement date
2025-04-30
Promised by
2026-03-31
Promised amount
1000.0 MW
Current status
delayed

What the later record shows

The date slipped

Corsicana developed capacity was still 400 MW at June 30, 2026, well past early 2026. The March 2026 10-K still describes reaching 1 GW as a future expectation, and no new date is given.

“Once complete, we expect the Corsicana Facility to have one GW of developed capacity for Bitcoin Mining and data center operations.”
2026-03-01 · Riot 10-K filed 2026-03-02 View cached copy (2026-08-31)Live source ↗
“Corsicana Facility ​ ​ ​ ​ ​ ​ ​ ​ 400 ​ ​ 400 Kentucky Facility ​ ​ ​ ​ ​ ​ ​ ​ 192 ​ ​ 65 Total power capacity”
2026-08-09 · Riot 10-Q filed 2026-08-10 View cached copy (2026-08-30)Live source ↗

Checked October 16, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Construction of the Corsicana substation is expected to be completed in early 2026, bringing a total of 1.0 GW of power capacity online.

Source (primary)

riot 8-K exhibit (riot-20250428xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-16)Live source ↗

Quote: “Construction work on the substation, to be completed in early 2026, also continues and will bring a total of 1.0 GW of power capacity online once completed.”

How we checked this

Checked on October 17, 2026. The cited source supports every part of this claim.

In the context of the Corsicana site, the release says substation construction continues, should finish in early 2026, and will bring 1.0 GW online.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1167419/000155837025006115/riot-20250428xex99d1.htm) in full (15,857 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms riot 8-K exhibit (riot-20250428xex99d1.htm)

Quote: “Construction work on the substation, to be completed in early 2026, also continues and will bring a total of 1.0 GW of power capacity online once completed.”

View cached copy (2026-10-16)Live source ↗

delays Riot 10-Q filed 2026-08-10

Quote: “Corsicana Facility ​ ​ ​ ​ ​ ​ ​ ​ 400 ​ ​ 400 Kentucky Facility ​ ​ ​ ​ ​ ​ ​ ​ 192 ​ ​ 65 Total power capacity”

View cached copy (2026-08-30)Live source ↗

delays Riot 10-K filed 2026-03-02

Quote: “Once complete, we expect the Corsicana Facility to have one GW of developed capacity for Bitcoin Mining and data center operations.”

View cached copy (2026-08-31)Live source ↗

Record of changes

October 16, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 16, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.