20-year AI data-center lease at Rockdale
Company: Riot - Project: Rockdale
The claim, verbatim
Executed a 20-year lease with a leading frontier AI lab for 191 MW of critical IT capacity at Rockdale with approximately $9.1 billion of initial contract revenue
Source (primary)
Riot Platforms gains as AI data-center momentum and firmer Bitcoin prices support shares - Quiver Quantitative (-, news_article)
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Quote: “executed a 20-year lease with a leading frontier AI lab for 191 MW of critical IT capacity at Rockdale, with about $9.1 billion of initial contract revenue tied to the agreement”
How we checked this
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Additional evidence
confirms Riot Platforms gains as AI data-center momentum and firmer Bitcoin prices support shares - Quiver Quantitative
Quote: “executed a 20-year lease with a leading frontier AI lab for 191 MW of critical IT capacity at Rockdale, with about $9.1 billion of initial contract revenue tied to the agreement”