191 MW AI lab lease expected NOI
Company: Riot
The claim, verbatim
Riot's 20-year, 191-megawatt lease with a frontier AI lab is expected to produce $365 million to $411 million of net operating income per year on average over the term, per management estimates.
Source (primary)
Riot Platforms Stock Fell 11% on October 16 After Cantor Cut Its Target. Here’s Where the Stock Could Go - TIKR.com (-, news_article)
View cached copy (2026-10-20)Live source ↗Archive.org ↗
Quote: “Riot's 20-year, 191-megawatt lease with a frontier AI lab is expected to produce $365 million to $411 million of net operating income a year, on average over the term.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Riot Platforms Stock Fell 11% on October 16 After Cantor Cut Its Target. Here’s Where the Stock Could Go - TIKR.com
Quote: “Riot's 20-year, 191-megawatt lease with a frontier AI lab is expected to produce $365 million to $411 million of net operating income a year, on average over the term.”