20-year lease for 191 MW data center capacity at Rockdale
Company: Riot - Project: Rockdale
The claim, verbatim
Riot signed a 20-year lease for 191 megawatts of data-center capacity at its Rockdale, Texas campus with a customer described as a 'leading frontier AI lab'. The base lease runs through June 2048 with staged delivery: 96 megawatts by December 2027 and all 191 megawatts by June 2028. The agreement is expected to generate $9.1 billion in revenue over the base term, and the customer can exercise two five-year extensions that would increase total potential revenue to approximately $16.1 billion.
Source (primary)
Riot Platforms Just Signed a $9.1 Billion AI Lease Reportedly With Anthropic, and Shares Jumped 25% - FinanceFeeds (-, news_article)
View cached copy (2026-09-02)Live source ↗Archive.org ↗
Quote: “Riot Platforms has signed a 20-year lease for 191 megawatts of data-center capacity at its Rockdale campus in Texas... Riot called the customer a 'leading frontier AI lab' in its 10 August filing... The base lease runs through June 2048 and is expected to produce $9.1 billion over its initial term. Delivery will occur in stages, with the first 96 megawatts scheduled for December 2027 and all 191 megawatts due by June 2028.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The article states every element of the claim: the lease term, capacity, location, customer description, delivery schedule, base revenue and extension revenue.
Confirmed in the source:
- Riot signed a 20-year lease for 191 megawatts of data-center capacity at its Rockdale, Texas campus
- Riot described the customer as a 'leading frontier AI lab'
- The base lease runs through June 2048
- Delivery is staged, with the first 96 megawatts scheduled for December 2027
- All 191 megawatts are due by June 2028
- The lease is expected to generate $9.1 billion over the base term
- The customer can exercise two five-year extensions
- The extensions would raise potential revenue to about $16.1 billion
What we did: Read our cached copy of the publisher (https://financefeeds.com/riot-platforms-just-signed-a-9-1-billion-ai-lease-reportedly-with-anthropic-and-shares-jumped-25/) in full (12,592 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot Platforms Just Signed a $9.1 Billion AI Lease Reportedly With Anthropic, and Shares Jumped 25% - FinanceFeeds
Quote: “Riot Platforms has signed a 20-year lease for 191 megawatts of data-center capacity at its Rockdale campus in Texas... Riot called the customer a 'leading frontier AI lab' in its 10 August filing... The base lease runs through June 2048 and is expected to produce $9.1 billion over its initial term. Delivery will occur in stages, with the first 96 megawatts scheduled for December 2027 and all 191 megawatts due by June 2028.”