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Corsicana project cost estimate

Company: Riot

Subject kind
financing
Statement date
2026-11-04
Promised amount
5500000000.0 USD
Current status
stated

The claim, verbatim

Riot estimates the Corsicana project will cost about $6 million per MW, for a total investment of around $5.5 billion, which the CEO said is about half the cost of a typical high-end data center.

Source (primary)

RIOT Stock Heads For Biggest Weekly Gain In 5 Months After Signing Its Largest-Ever AI Data Center Lease - Yahoo Finance (-, news_article)
View cached copy (2026-11-11)Live source ↗Archive.org ↗

Quote: “Riot estimates the project will cost about $6 million per MW, bringing the total investment to around $5.5 billion.”

How we checked this

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Additional evidence

confirms RIOT Stock Heads For Biggest Weekly Gain In 5 Months After Signing Its Largest-Ever AI Data Center Lease - Yahoo Finance

Quote: “Riot estimates the project will cost about $6 million per MW, bringing the total investment to around $5.5 billion.”

View cached copy (2026-11-11)Live source ↗Archive.org ↗