Corsicana rent commencement terms
Company: Riot - Project: Corsicana
The claim, verbatim
Rent for each phase will begin no later than 60 days after delivery of its powered pads and is payable on full contracted capacity regardless of utilization.
Source (primary)
Riot Platforms signs a 15 year data center lease in Texas - W.Media (-, news_article)
View cached copy (2026-11-09)Live source ↗Archive.org ↗
Quote: “Rent for each phase will begin no later than 60 days after delivery of its powered pads and will be payable on the full contracted capacity regardless of utilization.”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The article states both the rent start deadline and that rent is owed on full contracted capacity regardless of utilization.
Confirmed in the source:
- Rent for each Corsicana phase will begin no later than 60 days after delivery of its powered pads
- Rent is payable on the full contracted capacity regardless of utilization
What we did: Read our cached copy of the publisher (https://w.media/riot-platforms-signs-a-15-year-data-center-lease-in-texas/) in full (6,878 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot Platforms signs a 15 year data center lease in Texas - W.Media
Quote: “Rent for each phase will begin no later than 60 days after delivery of its powered pads and will be payable on the full contracted capacity regardless of utilization.”