Corsicana ~99% NOI margin on ~$1.8B yearly rent
Company: Riot
The claim, verbatim
Riot expects a roughly 99% NOI margin on about $1.8 billion of average yearly rent from Corsicana, with the tenant bringing its own computers and paying nearly all operating costs.
Source (primary)
Riot Platforms Is Up 30% in a Week. Is Its $28 Billion AI Lease Really That Good? - Yahoo Finance (-, news_article)
View cached copy (2026-11-08)Live source ↗Archive.org ↗
Quote: “Riot expects a roughly 99% NOI margin on about $1.8 billion of average yearly rent”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The article states that, with the lab bringing its own computers and paying nearly all operating costs, Riot expects a roughly 99% NOI margin on about $1.8 billion of average yearly rent at Corsicana.
Confirmed in the source:
- Riot expects a roughly 99% NOI margin on the Corsicana lease
- Average yearly rent from Corsicana is about $1.8 billion
- The tenant brings its own computers
- The tenant pays nearly all operating costs
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/riot-platforms-30-week-28-235103673.html) in full (11,765 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot Platforms Is Up 30% in a Week. Is Its $28 Billion AI Lease Really That Good? - Yahoo Finance
Quote: “Riot expects a roughly 99% NOI margin on about $1.8 billion of average yearly rent”