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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

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

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 ↗