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
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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”