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Corsicana LOI for 756 MW IT capacity

Company: Riot - Project: Corsicana

Subject kind
facility capacity
Statement date
2026-08-13
Promised amount
756.0 MW
Current status
stated

The claim, verbatim

Riot Platforms executed a non-binding Letter of Intent for a single tenant for the site's entire one-gigawatt utility footprint at Corsicana, representing about 756 MW of critical IT capacity.

Source (primary)

Riot Platforms Re-Wires the Ledger for a $9B AI Power Play - MarketBeat (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “Riot Platforms executed a non-binding Letter of Intent (LOI) with a single tenant for the site's entire one-gigawatt utility footprint, representing about 756 MW of critical IT capacity.”

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://www.marketbeat.com/articles/riot-platforms-re-wires-the-ledger-for-a-9b-ai-power-play/) in full (19,418 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot Platforms Re-Wires the Ledger for a $9B AI Power Play - MarketBeat

Quote: “Riot Platforms executed a non-binding Letter of Intent (LOI) with a single tenant for the site's entire one-gigawatt utility footprint, representing about 756 MW of critical IT capacity.”

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