Up to $3.6B module reimbursement to Anthropic, 12% rent-credit fallback
Company: Riot
The claim, verbatim
Riot agreed to reimburse Anthropic up to $4 million per MW for data center modules, about $3.6 billion across 910 MW, contingent on raising financing on acceptable market terms. If that financing is unavailable, Riot will instead provide rent credits amortizing the amount plus 12% annual interest over the rest of the initial term.
Source (primary)
Riot (RIOT) Names Anthropic as Tenant in $28 Billion Texas Lease, Could Owe It 12% Interest - Bitcoin Magazine (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗
Quote: “agreed to reimburse Anthropic up to $4 million per megawatt for the data center modules the tenant installs, or up to about $3.6 billion across the full 910 MW”
How we checked this
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Additional evidence
confirms Riot (RIOT) Names Anthropic as Tenant in $28 Billion Texas Lease, Could Owe It 12% Interest - Bitcoin Magazine
Quote: “agreed to reimburse Anthropic up to $4 million per megawatt for the data center modules the tenant installs, or up to about $3.6 billion across the full 910 MW”