jain.com

191MW data center lease

Company: Riot - Project: Rockdale

Subject kind
customer
Statement date
2026-08-31
Promised amount
9100.0 USD
Current status
stated

The claim, verbatim

Riot signed a 20-year lease for 191 megawatts of critical IT capacity with a frontier AI lab, expected to generate approximately $9.1 billion in contracted revenue.

Source (primary)

Riot Platforms Signed $9.8 Billion in AI Leases. Why Is the Stock Still Under $19? - TIKR.com (-, news_article)
View cached copy (2026-09-01)Live source ↗

Quote: “Riot disclosed a 20-year lease for 191 megawatts of critical IT capacity to a frontier AI lab... The lease is expected to generate roughly $9.1 billion in contracted revenue over its initial term.”

How we checked this

Attempted on September 17, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of the publisher (https://www.tikr.com/blog/riot-platforms-signed-9-8-billion-in-ai-leases-why-is-the-stock-still-under-19) in full (13,483 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot Platforms Signed $9.8 Billion in AI Leases. Why Is the Stock Still Under $19? - TIKR.com

Quote: “Riot disclosed a 20-year lease for 191 megawatts of critical IT capacity to a frontier AI lab... The lease is expected to generate roughly $9.1 billion in contracted revenue over its initial term.”

View cached copy (2026-09-01)Live source ↗