191MW Rockdale lease with frontier AI lab
Company: Riot - Project: Rockdale
The claim, verbatim
Riot signed a 191MW build-to-suit lease at Rockdale with a leading frontier AI lab for an initial 20-year term through June 2048, expected to generate approximately $9.1 billion in contract revenue; the agreement includes two five-year extension options that could increase total contract value to approximately $16.1 billion if fully exercised
Source (primary)
Riot Platforms Signs 241MW Of AI Data Center Leases Representing Approximately $9.8 Billion Of Contracted Revenue - Pulse 2.0 (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “a newly signed 191MW build-to-suit lease at Riot's Rockdale campus with a leading frontier AI lab. The initial 20-year term runs through June 2048 and is expected to generate approximately $9.1 billion of contract revenue... The agreement includes two five-year extension options, which would increase the total potential contract value to approximately $16.1 billion if both are fully exercised”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states every element of the claim: the 191MW Rockdale lease, the frontier AI lab counterparty, the 20-year term through June 2048, the ~$9.1B revenue, and the two extension options reaching ~$16.1B.
Confirmed in the source:
- Riot signed a 191MW build-to-suit lease at its Rockdale campus with a leading frontier AI lab
- The initial 20-year term runs through June 2048
- The lease is expected to generate approximately $9.1 billion in contract revenue
- The agreement includes two five-year extension options that could raise total potential contract value to approximately $16.1 billion if both are fully exercised
What we did: Read our cached copy of the publisher (https://pulse2.com/riot-platforms-signs-241mw-of-ai-data-center-leases-representing-approximately-9-8-billion-of-contracted-revenue/) in full (5,301 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot Platforms Signs 241MW Of AI Data Center Leases Representing Approximately $9.8 Billion Of Contracted Revenue - Pulse 2.0
Quote: “a newly signed 191MW build-to-suit lease at Riot's Rockdale campus with a leading frontier AI lab. The initial 20-year term runs through June 2048 and is expected to generate approximately $9.1 billion of contract revenue... The agreement includes two five-year extension options, which would increase the total potential contract value to approximately $16.1 billion if both are fully exercised”