AI lab build capex range with contingency
Company: Riot
The claim, verbatim
Illustrative capex for the 191 MW AI lab build is $2.1B-$2.3B, and CEO Jason Les said the range includes a healthy contingency reserve.
Source (primary)
Riot Platforms Stock Fell 11% on October 16 After Cantor Cut Its Target. Here’s Where the Stock Could Go - Yahoo Finance (-, news_article)
View cached copy (2026-10-22)Live source ↗Archive.org ↗
Quote: “Les said on the August 10 call that the capex range "includes a healthy contingency reserve."”
How we checked this
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Additional evidence
confirms Riot Platforms Stock Fell 11% on October 16 After Cantor Cut Its Target. Here’s Where the Stock Could Go - Yahoo Finance
Quote: “Les said on the August 10 call that the capex range "includes a healthy contingency reserve."”