AMD lease Phase 3 deployment
Company: Riot
The claim, verbatim
Phase 3 of Riot's AMD lease, covering 10 megawatts of capacity, is on track for completion in November 2026
Source (primary)
JPMorgan Boosts Riot Platforms Price Target to $22 on Digital Infrastructure Strength - TIKR.com (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Phase 3, covering 10 megawatts, and Phase 4, covering 15 megawatts, remain on track for November 2026 and May 2027, respectively.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document ties Phase 3 to the AMD lease, states it covers 10 MW, and says it remains on track for November 2026.
Confirmed in the source:
- Phase 3 of Riot's AMD lease covers 10 megawatts of capacity
- Phase 3 remains on track for November 2026
What we did: Read our cached copy of the publisher (https://www.tikr.com/blog/jpmorgan-riot-platforms-price-target-22-digital-infrastructure) in full (8,589 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms JPMorgan Boosts Riot Platforms Price Target to $22 on Digital Infrastructure Strength - TIKR.com
Quote: “Phase 3, covering 10 megawatts, and Phase 4, covering 15 megawatts, remain on track for November 2026 and May 2027, respectively.”