Corsicana campus nonbinding LOI with single tenant
Company: Riot
The claim, verbatim
In August, Riot said its entire Corsicana campus, with room for up to 756 MW of critical IT capacity, was under a nonbinding letter of intent with a single, unnamed tenant. CEO Jason Les cautioned that the process could still take twists and turns and is subject to uncertainty.
Source (primary)
Riot Platforms Fell 38% Since September 30, and the Street’s Mean Target Now Sits 138% Above It. Here’s What November 4 Has to Show - Yahoo Finance (-, news_article)
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Quote: “In August, Riot said its entire Corsicana campus, with room for up to 756 megawatts of critical IT capacity, was under a nonbinding letter of intent with a single tenant.”
How we checked this
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Additional evidence
confirms Riot Platforms Fell 38% Since September 30, and the Street’s Mean Target Now Sits 138% Above It. Here’s What November 4 Has to Show - Yahoo Finance
Quote: “In August, Riot said its entire Corsicana campus, with room for up to 756 megawatts of critical IT capacity, was under a nonbinding letter of intent with a single tenant.”