15-year AI lease of Corsicana campus to frontier AI lab
Company: Riot - Project: Corsicana
The claim, verbatim
Riot is leasing its entire Corsicana, Texas campus to an unnamed frontier AI lab for 15 years, a deal worth about $28 billion over the initial term and the biggest lease in its history.
Source (primary)
MARA Fell 4% as Riot Landed a $28 Billion AI Lease. Here’s What November 9 Must Show - TIKR.com (-, news_article)
View cached copy (2026-11-08)Live source ↗Archive.org ↗
Quote: “Riot is leasing its entire Corsicana, Texas campus to an unnamed frontier AI lab for 15 years. The deal covers 910 megawatts of critical IT capacity, worth about $28 billion over the initial term.”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The article gives the campus, tenant, 15-year term and roughly $28 billion value, and separately says Riot jumped 10% 'on the biggest lease in its history.'
Confirmed in the source:
- Riot is leasing its entire Corsicana, Texas campus
- The tenant is an unnamed frontier AI lab
- The lease term is 15 years
- The deal is worth about $28 billion over the initial term
- It is the biggest lease in Riot's history
What we did: Read our cached copy of the publisher (https://www.tikr.com/blog/mara-fell-4-as-riot-landed-a-28-billion-ai-lease-heres-what-november-9-must-show) in full (7,936 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA Fell 4% as Riot Landed a $28 Billion AI Lease. Here’s What November 9 Must Show - TIKR.com
Quote: “Riot is leasing its entire Corsicana, Texas campus to an unnamed frontier AI lab for 15 years. The deal covers 910 megawatts of critical IT capacity, worth about $28 billion over the initial term.”