Frontier AI lab lease extension options potential value
Company: Riot - Project: Rockdale
The claim, verbatim
Lease includes two five-year extension options representing total potential contract value of approximately $16.1 billion if both extensions are fully exercised
Source (primary)
riot 8-K exhibit (riot-20260810xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-01)Live source ↗
Quote: “The Data Center Lease also includes two five-year extension options at the tenant's election, representing a total potential contract value of approximately $16.1 billion if both extensions are fully exercised.”
How we checked this
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Additional evidence
confirms riot 8-K exhibit (riot-20260810xex99d1.htm)
Quote: “The Data Center Lease also includes two five-year extension options at the tenant's election, representing a total potential contract value of approximately $16.1 billion if both extensions are fully exercised.”