Corsicana triple-net lease structure
Company: Riot - Project: Corsicana
The claim, verbatim
The Corsicana lease is a triple-net powered land lease under which Riot provides land, power and electrical connections while the tenant is responsible for taxes, insurance and maintenance.
Source (primary)
Riot Platforms Sold 79% of Its Bitcoin Last Quarter. Does Mining Bitcoin Still Pay? - 24/7 Wall St. (-, 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
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Additional evidence
confirms Riot Platforms Sold 79% of Its Bitcoin Last Quarter. Does Mining Bitcoin Still Pay? - 24/7 Wall St.
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 Stock Heads For Biggest Weekly Gain In 5 Months After Signing Its Largest-Ever AI Data Center Lease - TradingView
Quote: “The lease is structured as a triple-net agreement, meaning the tenant is responsible for operating expenses such as taxes, insurance and maintenance.”