jain.com

Corsicana build cost per IT MW

Company: Riot

Subject kind
guidance
Statement date
2026-11-09
Promised amount
6000000.0 USD/MW
Current status
stated

The claim, verbatim

Riot expects Corsicana to cost about $6 million per IT megawatt, with two-thirds paid only after each phase starts paying rent and no plan to sell stock.

Source (primary)

Riot Platforms Gains Another 5% as Morgan Stanley Raises Its Target to $41 - TIKR.com (-, news_article)
View cached copy (2026-11-12)Live source ↗Archive.org ↗

Quote: “Riot expects Corsicana to cost about $6 million per IT megawatt, with two-thirds paid only after each phase starts paying rent and no plan to sell stock.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Riot Platforms Gains Another 5% as Morgan Stanley Raises Its Target to $41 - TIKR.com

Quote: “Riot expects Corsicana to cost about $6 million per IT megawatt, with two-thirds paid only after each phase starts paying rent and no plan to sell stock.”

View cached copy (2026-11-12)Live source ↗Archive.org ↗