Prior 20-year 191 MW AI lab lease, ~$9.1B
Company: Riot
The claim, verbatim
Riot has a previous 20-year lease with another AI lab covering 191 MW, worth around $9.1 billion.
Source (primary)
Bitdeer and Riot Jumped 13% in a Day as Bitcoin Fell Under $75,000. Why Are Miner Stocks Rallying While BTC Drops? - 24/7 Wall St. (-, news_article)
View cached copy (2026-11-09)Live source ↗Archive.org ↗
Quote: “a 20-year arrangement covering 191 megawatts and worth around $9.1 billion with another AI lab”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The article describes Riot's previous contract as a 20-year, 191-megawatt arrangement worth around $9.1 billion with another AI lab.
Confirmed in the source:
- Riot has a previous lease with another AI lab
- The previous lease is a 20-year arrangement
- The previous lease covers 191 MW
- The previous lease is worth around $9.1 billion
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/cryptocurrency/2026/11/08/bitdeer-and-riot-jumped-13-in-a-day-as-bitcoin-fell-under-75000-why-are-miner-stocks-rallying-while-btc-drops/) in full (14,518 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Bitdeer and Riot Jumped 13% in a Day as Bitcoin Fell Under $75,000. Why Are Miner Stocks Rallying While BTC Drops? - 24/7 Wall St.
Quote: “a 20-year arrangement covering 191 megawatts and worth around $9.1 billion with another AI lab”