jain.com

Corsicana energization Q1 2024

Company: Riot - Project: Corsicana

Subject kind
facility timeline
Statement date
2024-02-26
Promised by
2024-03-31
Current status
verified

What the later record shows

Delivered; the record does not say when

The 2024 10-K says Phase I of Corsicana was completed during 2024, and the facility averaged 5.1 EH/s in 2024, so it was energized. No passage gives the energization date. The Q1 2025 10-Q shows no Corsicana hash rate deployed at March 31, 2024, so a Q1 2024 energization is not confirmed.

“both primarily attributable to the ongoing development of the Corsicana Facility and continued deployment of miners”
2024-08-08 · riot 8-K exhibit (riot-20231231xex99d2.htm) View cached copy (2026-10-31)Live source ↗
“During 2024, we completed Phase I of development of the Corsicana Facility, a second large-scale Bitcoin mining facility”
2025-02-27 · Riot 10-K filed 2025-02-28 View cached copy (2026-08-31)Live source ↗

Checked November 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Riot expects its new large-scale Corsicana facility to be energized in Q1 2024.

Source (primary)

riot 8-K exhibit (riot-20240224xex99d2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-09)Live source ↗

Quote: “New Large-Scale Facility Energized in Q1 2024”

How we checked this

Checked on November 11, 2026. The cited source supports part of this claim, but not all of it.

The presentation refers to a new large-scale facility energized in Q1 2024 but does not name it in that statement. Corsicana is a likely reading, but the document does not state it.

Confirmed in the source:

We could not confirm this from the cited source:

That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1167419/000116741924000008/riot-20240224xex99d2.htm) in full (20,494 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms riot 8-K exhibit (riot-20240224xex99d2.htm)

Quote: “New Large-Scale Facility Energized in Q1 2024”

View cached copy (2026-11-09)Live source ↗

confirms Riot 10-K filed 2025-02-28

Quote: “During 2024, we completed Phase I of development of the Corsicana Facility, a second large-scale Bitcoin mining facility”

View cached copy (2026-08-31)Live source ↗

confirms riot 8-K exhibit (riot-20231231xex99d2.htm)

Quote: “both primarily attributable to the ongoing development of the Corsicana Facility and continued deployment of miners”

View cached copy (2026-10-31)Live source ↗

Record of changes

November 9, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 10, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.