Anthropic 20-year lease at Rockdale for 191 MW
Company: Riot - Project: Rockdale
The claim, verbatim
Riot Platforms secured a 20-year lease with Anthropic for 191 megawatts of critical IT capacity at its Rockdale, Texas campus, estimated to generate $9.1 billion in revenue through June 2048, with two five-year extension options potentially lifting total contract value to $16.1 billion.
Source (primary)
Riot Platforms locked in a $9.1 billion Anthropic deal, but its bridge loan expires before the rent starts - CryptoSlate (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “Riot disclosed that it had secured a 20-year lease for 191 megawatts of critical IT capacity at its Rockdale, Texas, campus... CNBC and other reports subsequently identified the customer as Anthropic... Riot estimates the initial lease will generate about $9.1 billion through June 2048, with two five-year extensions potentially lifting the total contract value to $16.1 billion.”
How we checked this
Checked on September 18, 2026. The cited source supports part of this claim, but not all of it.
The article supports the lease's size, term, location, and value estimates. However, it attributes Anthropic's identity to CNBC and other media reports and says Riot itself has not named the tenant.
Confirmed in the source:
- Riot Platforms secured a 20-year lease for 191 megawatts of critical IT capacity at its Rockdale, Texas campus
- Riot estimates the initial lease will generate about $9.1 billion through June 2048
- Two five-year extensions could lift total contract value to $16.1 billion
- CNBC and other reports identified the tenant as Anthropic
We could not confirm this from the cited source:
- That Riot Platforms has confirmed Anthropic as the tenant; the article says Riot has not publicly named the tenant and describes it only as a 'leading frontier AI lab'
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://cryptoslate.com/riot-platforms-locked-in-a-9-1-billion-anthropic-deal-but-its-bridge-loan-expires-before-the-rent-starts/) in full (16,460 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot Platforms locked in a $9.1 billion Anthropic deal, but its bridge loan expires before the rent starts - CryptoSlate
Quote: “Riot disclosed that it had secured a 20-year lease for 191 megawatts of critical IT capacity at its Rockdale, Texas, campus... CNBC and other reports subsequently identified the customer as Anthropic... Riot estimates the initial lease will generate about $9.1 billion through June 2048, with two five-year extensions potentially lifting the total contract value to $16.1 billion.”