AMD data-center expansion second 25 MW under construction
Company: Riot - Project: Rockdale
The claim, verbatim
Riot is constructing a second 25 MW expansion for AMD with the AMD lease expected to generate approximately $311 million in base rent over its initial term
Source (primary)
Riot Platforms gains as AI data-center momentum and firmer Bitcoin prices support shares - Quiver Quantitative (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “completed delivery of the initial 25 MW for AMD on time and on budget, with a second 25 MW expansion under construction; a prior SEC filing said the AMD lease is expected to generate about $311 million in base rent over its initial term”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states the second 25 MW AMD expansion is under construction and that a prior SEC filing put expected base rent at about $311 million over the initial term, covering both assertions.
Confirmed in the source:
- Riot has a second 25 MW expansion for AMD under construction
- A prior SEC filing said the AMD lease is expected to generate about $311 million in base rent over its initial term
What we did: Read our cached copy of the publisher (https://www.quiverquant.com/news/Riot+Platforms+gains+as+AI+data-center+momentum+and+firmer+Bitcoin+prices+support+shares) in full (8,552 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot Platforms gains as AI data-center momentum and firmer Bitcoin prices support shares - Quiver Quantitative
Quote: “completed delivery of the initial 25 MW for AMD on time and on budget, with a second 25 MW expansion under construction; a prior SEC filing said the AMD lease is expected to generate about $311 million in base rent over its initial term”