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Corsicana Phase 1 400 MW build-out

Company: Riot - Project: Corsicana

Subject kind
facility capacity
Statement date
2024-02-26
Promised by
2025-12-31
Promised amount
400.0 MW
Current status
verified

What the later record shows

Delivered on time · happened December 31, 2024

The 2024 10-K states that Phase I of the Corsicana Facility was completed during 2024 with up to 400 MW of capacity. This was before the year-end 2025 target.

“During 2024, we completed Phase I of development of the Corsicana Facility, a second large-scale Bitcoin mining facility, currently equipped to provide up to 400 megawatts”
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 plans to complete the remaining Phase 1 400 MW build-out at Corsicana, funded through year-end 2025.

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: “Corsicana Facility 400 MW build-out (remaining)”

How we checked this

Checked on November 11, 2026. The cited source supports every part of this claim.

The funding slide lists the remaining 400 MW Corsicana build-out under fully funded growth plans through year-end 2025, and its footnote calls the build-out Phase 1.

Confirmed in the source:

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: “Corsicana Facility 400 MW build-out (remaining)”

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, currently equipped to provide up to 400 megawatts”

View cached copy (2026-08-31)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.