AI lab project NOI $365–411M per year
Company: Riot
The claim, verbatim
Management projects the AI lab project could generate $365 million to $411 million in average annual net operating income, roughly 16% to 20% of estimated development costs.
Source (primary)
Riot Platforms Dropped 33% in a Month. ATB Cormark Sees 108% Upside From Here - TIKR.com (-, news_article)
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Quote: “the project could generate between $365 million and $411 million in average annual net operating income, representing approximately 16% to 20% of estimated development costs”
How we checked this
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Additional evidence
confirms Riot Platforms Dropped 33% in a Month. ATB Cormark Sees 108% Upside From Here - TIKR.com
Quote: “the project could generate between $365 million and $411 million in average annual net operating income, representing approximately 16% to 20% of estimated development costs”