jain.com

Anthropic 20-year lease at Rockdale for 191 MW

Company: Riot - Project: Rockdale

Subject kind
customer
Statement date
2026-08-24
Promised by
2048-06-30
Promised amount
9100000000.0 USD
Current status
stated

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

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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.”

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