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Corsicana lease structure and rent terms

Company: Riot - Project: Corsicana

Subject kind
customer
Statement date
2026-11-04
Current status
stated

The claim, verbatim

Riot will supply land, power infrastructure and prepared sites, while the tenant buys, owns and operates the modular computing facilities and bears substantially all operating costs; rent is owed on all contracted capacity regardless of utilization.

Source (primary)

Riot Platforms Bitcoin Sales Fuel Data-Center Expansion - The Cryptonomist (-, news_article)
View cached copy (2026-11-05)Live source ↗Archive.org ↗

Quote: “The agreement requires rent on the entire contracted capacity, regardless of utilization.”

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 Bitcoin Sales Fuel Data-Center Expansion - The Cryptonomist

Quote: “The agreement requires rent on the entire contracted capacity, regardless of utilization.”

View cached copy (2026-11-05)Live source ↗Archive.org ↗