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Corsicana capital funding split

Company: Riot

Subject kind
financing
Statement date
2026-11-03
Current status
stated

The claim, verbatim

Riot will fund $2 million per IT MW for site work and electrical infrastructure, and the remaining $4 million per IT MW will be reimbursed to the tenant in phases after each phase is delivered and paying rent.

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: “Riot will fund $2 million per IT MW for site work and electrical infrastructure, while the remaining $4 million per IT MW will be reimbursed to the tenant in phases, after each phase is delivered and paying rent.”

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 8-K exhibit (riot-ex99d1.htm)

Quote: “Riot will fund $2 million per IT MW for site work and electrical infrastructure, while the remaining $4 million per IT MW will be reimbursed to the tenant in phases, after each phase is delivered and paying rent.”

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