Corsicana Facility Phase I Bitcoin build-out
Company: Riot - Project: Corsicana
The claim, verbatim
Completed Phase I of Bitcoin build-out at Corsicana Facility, equipped company with up to 400 additional MW of developed capacity for Bitcoin mining
Source (primary)
Riot DEF 14A filed 2026-04-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We generated record revenue of $647.4 million, primarily driven by a significant improvement in the operating efficiency of our Bitcoin mining operations and completion of Phase I of the Bitcoin build-out at our Corsicana Facility, which equipped us with up to 400 additional megawatts ("MW") of developed capacity for Bitcoin mining.”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The document states that completing Phase I of the Corsicana Bitcoin build-out equipped the Company with up to 400 additional MW of developed Bitcoin mining capacity.
Confirmed in the source:
- Phase I of the Bitcoin build-out at the Corsicana Facility was completed
- The build-out equipped the Company with up to 400 additional MW of developed capacity for Bitcoin mining
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000110465926053098/riot-20260609xdef14a.htm) in full (452,942 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot DEF 14A filed 2026-04-30
Quote: “We generated record revenue of $647.4 million, primarily driven by a significant improvement in the operating efficiency of our Bitcoin mining operations and completion of Phase I of the Bitcoin build-out at our Corsicana Facility, which equipped us with up to 400 additional megawatts ("MW") of developed capacity for Bitcoin mining.”