Non-binding LOI for full 1 GW Corsicana site
Company: Riot - Project: Corsicana
The claim, verbatim
Riot signed a non-binding letter of intent with a single tenant covering the full 1 GW capacity of its Corsicana site.
Source (primary)
RIOT Stock Gains After ‘Transformational’ Anthropic Deal Wins Wall Street Confidence - Stocktwits (-, news_article)
View cached copy (2026-10-16)Live source ↗
Quote: “The company also stated that it had signed a non-binding letter of intent with a single tenant covering the site's full 1 GW capacity.”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The article reports a non-binding letter of intent with a single tenant for the full 1 GW Corsicana site.
Confirmed in the source:
- Riot signed a non-binding letter of intent
- The letter of intent is with a single tenant
- It covers the full 1 GW capacity of the Corsicana site
What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/riot-stock-gains-after-transformational-anthropic-deal-wins-wall-street-confidence/cZoZUYvRJQs) in full (5,884 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms RIOT Stock Gains After ‘Transformational’ Anthropic Deal Wins Wall Street Confidence - Stocktwits
Quote: “The company also stated that it had signed a non-binding letter of intent with a single tenant covering the site's full 1 GW capacity.”