Corsicana projected capital need
Company: Riot - Project: Corsicana
The claim, verbatim
Corsicana's projected capital need is $5.5 billion, or $6 million per IT MW.
Source (primary)
Riot Platforms’ financial results spotlight a 15-year, $28B AI campus lease - Cryptonews.net (-, news_article)
View cached copy (2026-11-05)Live source ↗Archive.org ↗
Quote: “Corsicana’s projected capital need stands at $5.5 billion, or $6 million per IT MW”
How we checked this
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Additional evidence
confirms Riot Platforms’ financial results spotlight a 15-year, $28B AI campus lease - Cryptonews.net
Quote: “Corsicana’s projected capital need stands at $5.5 billion, or $6 million per IT MW”
confirms Bitcoin Miner Riot Platforms Sells 10,599 BTC, Secures $28 Billion AI Data Center Deal - CoinGape
Quote: “The total estimated capital cost for the Corsicana project is $5.5 billion”
confirms RIOT Stock Heads For Biggest Weekly Gain In 5 Months After Signing Its Largest-Ever AI Data Center Lease - TradingView
Quote: “Riot estimates the project will cost about $6 million per MW, bringing the total investment to around $5.5 billion.”
confirms Riot Platforms Inc (RIOT) (Q3 2026) Earnings Call Highlights: $38 Billion in AI Data Center ... - Yahoo Finance
Quote: “~$5.5 billion total capital at $6 million per IT MW; ~33% unlevered yield on cost”
confirms Riot Platforms Jumps 13% After Signing $28 Billion AI Data Center Lease With Anthropic - bloomingbit
Quote: “Total capital costs for the project are estimated at about $5.5 billion.”
confirms Riot Platforms Stock Jumps 14% on $28 Billion AI Lease at Texas Site - BigGo Finance
Quote: “Riot estimates project capital costs at about $6 million per IT megawatt, or $5.5 billion in total”