Corsicana lease structure
Company: Riot - Project: Corsicana
The claim, verbatim
The Corsicana lease is a triple-net powered land lease in which Riot provides land, power and electrical connections while the tenant pays taxes, insurance and maintenance.
Source (primary)
Riot Platforms Sold 79% of Its Bitcoin Last Quarter. Does Mining Bitcoin Still Pay? - Yahoo Finance (-, news_article)
View cached copy (2026-11-05)Live source ↗Archive.org ↗
Quote: “The Corsicana lease is a triple-net powered land lease, meaning that Riot provides the land, power, and electrical connections, while the tenant is responsible for taxes, insurance, and maintenance.”
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 Sold 79% of Its Bitcoin Last Quarter. Does Mining Bitcoin Still Pay? - Yahoo Finance
Quote: “The Corsicana lease is a triple-net powered land lease, meaning that Riot provides the land, power, and electrical connections, while the tenant is responsible for taxes, insurance, and maintenance.”
confirms Riot Platforms, Inc. Q3 2026 Earnings Call Summary - Yahoo Finance
Quote: “The landmark 910 MW Corsicana lease utilizes a triple-net powered land structure that reduces capital intensity by approximately 50% compared to traditional Tier 3 builds.”