Anthropic 20-year data center contract at Rockdale
Company: Riot - Project: Rockdale
The claim, verbatim
Riot signed a 20-year data center contract covering 191 MW at Rockdale campus, expected to generate $9.1 billion in contracted revenue through June 2048 base term, with extension options potentially increasing total to $16.1 billion. Riot projects net operating income of $7.3-8.2 billion during base term. Riot expects to deliver 96 MW by December 2027 and 95 MW by June 2028.
Source (primary)
RIOT stock gains 4.7% as JPMorgan lifts target to $22 - Crypto News (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Riot disclosed the 20-year agreement in an Aug. 10 filing with the U.S. Securities and Exchange Commission, identifying the customer only as a leading frontier AI company. The agreement covers 191 megawatts of critical information technology capacity at Riot's Rockdale campus in Texas. Riot expects to deliver the first 96 MW in December 2027 and another 95 MW by June 2028. Under the initial term, which runs through June 2048, Riot expects the agreement to produce about $9.1 billion in contracted revenue. Two five-year extension options controlled by the tenant could increase the potential total to $16.1 billion.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states every figure in the claim: the 20-year term, 191 MW at Rockdale, $9.1 billion revenue through June 2048, the $16.1 billion extension potential, the $7.3-8.2 billion net operating income, and the 96 MW/95 MW delivery dates.
Confirmed in the source:
- Riot signed a 20-year data center contract covering 191 MW at its Rockdale campus
- The agreement is expected to generate about $9.1 billion in contracted revenue through the base term ending June 2048
- Two five-year extension options could increase the potential total to $16.1 billion
- Riot projects net operating income of $7.3-8.2 billion during the base term
- Riot expects to deliver the first 96 MW in December 2027 and another 95 MW by June 2028
What we did: Read our cached copy of the publisher (https://crypto.news/riot-stock-gains-4-7-as-jpmorgan-lifts-target-to-22/) in full (14,228 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms RIOT stock gains 4.7% as JPMorgan lifts target to $22 - Crypto News
Quote: “Riot disclosed the 20-year agreement in an Aug. 10 filing with the U.S. Securities and Exchange Commission, identifying the customer only as a leading frontier AI company. The agreement covers 191 megawatts of critical information technology capacity at Riot's Rockdale campus in Texas. Riot expects to deliver the first 96 MW in December 2027 and another 95 MW by June 2028. Under the initial term, which runs through June 2048, Riot expects the agreement to produce about $9.1 billion in contracted revenue. Two five-year extension options controlled by the tenant could increase the potential total to $16.1 billion.”