Over $2B average annual NOI from contracted data center leases
Company: Riot
The claim, verbatim
Riot's CEO said its 1.1GW of contracted capacity, representing about $38 billion of data center revenue, is expected to generate more than $2 billion of average annual net operating income at full deployment.
Source (primary)
Riot Platforms signs 910MW agreement with unnamed frontier AI lab - Data Center Dynamics (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗
Quote: “Riot has contracted 1.1GW and approximately $38 billion of data center revenue, which we expect will generate more than $2 billion of average annual net operating income at full deployment”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The article directly quotes Riot's CEO giving the 1.1GW, roughly $38 billion, and more than $2 billion average annual net operating income figures.
Confirmed in the source:
- Riot CEO Jason Les said Riot has contracted 1.1GW of capacity
- Riot CEO Jason Les said the contracts represent approximately $38 billion of data center revenue
- Riot CEO Jason Les said Riot expects more than $2 billion of average annual net operating income at full deployment
What we did: Read our cached copy of the publisher (https://www.datacenterdynamics.com/en/news/riot-platforms-signs-910mw-agreement-with-unnamed-frontier-ai-lab/) in full (8,636 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot Platforms signs 910MW agreement with unnamed frontier AI lab - Data Center Dynamics
Quote: “Riot has contracted 1.1GW and approximately $38 billion of data center revenue, which we expect will generate more than $2 billion of average annual net operating income at full deployment”