jain.com

Corsicana project requires ~$5.5B capital investment

Company: Riot - Project: Corsicana

Subject kind
financing
Statement date
2026-11-04
Promised amount
5500000000.0 USD
Current status
stated

The claim, verbatim

The Corsicana project requires approximately $5.5 billion in capital investment, equivalent to $6 million per IT megawatt.

Source (primary)

Riot Platforms Signs $28 Billion AI Data Center Lease as Q3 Revenue Reaches $181.4 Million - Yahoo Finance (-, news_article)
View cached copy (2026-11-05)Live source ↗Archive.org ↗

Quote: “The project requires approximately $5.5 billion in capital investment, equivalent to $6 million per IT megawatt”

How we checked this

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Additional evidence

confirms Riot Platforms Signs $28 Billion AI Data Center Lease as Q3 Revenue Reaches $181.4 Million - Yahoo Finance

Quote: “The project requires approximately $5.5 billion in capital investment, equivalent to $6 million per IT megawatt”

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