jain.com

Additional secured financing required

Company: Riot

Subject kind
financing
Statement date
2026-08-20
Promised amount
3.7 billion USD
Current status
stated

The claim, verbatim

needs additional $3.7 billion in secured financing for project buildout

Source (primary)

Macquarie raises Riot Platforms price target to $35, maintains Outperform - scanx.trade (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “the firm notes that Riot will need an additional $3.7 billion in secured financing, equivalent to roughly 90% of the project capital expenditure required under its modeled buildout.”

How we checked this

Attempted on September 14, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/investment-ideas/macquarie-raises-riot-platforms-price-target-to-35-maintains-outperform/48033519) in full (19,502 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Macquarie raises Riot Platforms price target to $35, maintains Outperform - scanx.trade

Quote: “the firm notes that Riot will need an additional $3.7 billion in secured financing, equivalent to roughly 90% of the project capital expenditure required under its modeled buildout.”

View cached copy (2026-08-31)Live source ↗