jain.com

Project debt financing for Anthropic project

Company: Riot

Subject kind
financing
Statement date
2026-11-05
Promised by
2027-12-31
Promised amount
90.0 percent
Current status
stated

The claim, verbatim

Riot plans to finance 80% to 90% of the project cost with project debt, funding about $500 million to $1.1 billion from its own cash, and will begin the financing process in 2027.

Source (primary)

Riot Platforms Signs $28 Billion Data Center Lease Deal With Anthropic - bloomingbit (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “Riot outlined a financing scenario in which 80% to 90% of the project cost would be covered by project debt, with about $500 million to $1.1 billion funded from its own cash. The company plans to begin the financing process next year.”

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 Platforms Signs $28 Billion Data Center Lease Deal With Anthropic - bloomingbit

Quote: “Riot outlined a financing scenario in which 80% to 90% of the project cost would be covered by project debt, with about $500 million to $1.1 billion funded from its own cash. The company plans to begin the financing process next year.”

View cached copy (2026-11-06)Live source ↗Archive.org ↗