Leading Frontier AI Lab Data Center Lease - 191 MW
Company: Riot
The claim, verbatim
Executed a 20-year data center lease with a leading frontier AI lab for 191 MW of critical IT capacity, expected to generate $9.1B in total initial contract revenue
Source (primary)
riot 8-K exhibit (riot-20260810xex99d2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-01)Live source ↗
Quote: “Executed Data Center Lease with a leading frontier AI lab for 191 MW of critical IT capacity • 20-year lease expected to generate $9.1B in total initial contract revenue with two 5-year extension options, if exercised, would generate $16.1B in total potential contract revenue”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document's key highlights and deal highlights state the 191 MW capacity, 20-year term, and $9.1B initial contract revenue for the leading frontier AI lab lease.
Confirmed in the source:
- Riot executed a data center lease with a leading frontier AI lab for 191 MW of critical IT capacity
- The lease has a 20-year initial term
- The lease is expected to generate $9.1B in total initial contract revenue
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1167419/000110465926093406/riot-20260810xex99d2.htm) in full (26,006 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms riot 8-K exhibit (riot-20260810xex99d2.htm)
Quote: “Executed Data Center Lease with a leading frontier AI lab for 191 MW of critical IT capacity • 20-year lease expected to generate $9.1B in total initial contract revenue with two 5-year extension options, if exercised, would generate $16.1B in total potential contract revenue”