Corsicana capital requirement
Company: Riot
The claim, verbatim
The Corsicana development is expected to require $6 million per IT MW, or $5.5 billion overall, about half the capital intensity of a typical Tier 3 build, implying an unlevered yield on cost of approximately 33%.
Source (primary)
riot 8-K exhibit (riot-ex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-05)Live source ↗
Quote: “$6 million per IT MW, or $5.5 billion overall, approximately half the capital intensity of a typical Tier 3 build, implying an unlevered yield on cost of approximately 33%.”
How we checked this
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Additional evidence
confirms riot 8-K exhibit (riot-ex99d1.htm)
Quote: “$6 million per IT MW, or $5.5 billion overall, approximately half the capital intensity of a typical Tier 3 build, implying an unlevered yield on cost of approximately 33%.”