Morgan Stanley interim financing facility
Company: Riot - Project: Rockdale
The claim, verbatim
Riot secured a $573 million interim financing facility from Morgan Stanley for initial equipment procurement related to the AI data center expansion.
Source (primary)
Macquarie raises Riot Platforms price target to $35, maintains Outperform - scanx.trade (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “The firm has secured a $573 million interim financing facility from Morgan Stanley for initial equipment procurement.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states Riot secured a $573 million interim financing facility from Morgan Stanley for initial equipment procurement as part of the data center expansion, matching every assertion.
Confirmed in the source:
- Riot secured a $573 million interim financing facility from Morgan Stanley
- The facility is for initial equipment procurement
- The financing relates to the AI data center expansion
What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/investment-ideas/macquarie-raises-riot-platforms-price-target-to-35-maintains-outperform/48033519) in full (19,502 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Macquarie raises Riot Platforms price target to $35, maintains Outperform - scanx.trade
Quote: “The firm has secured a $573 million interim financing facility from Morgan Stanley for initial equipment procurement.”