jain.com
The Analysis · Companies · People · Methodology

Data center annual recurring revenue

Company: Riot

Subject kind
facility capacity
Statement date
2026-08-20
Promised amount
457.0 million USD
Current status
stated

The claim, verbatim

projected to generate approximately $457 million in annual recurring revenue

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 20-year colocation agreement is projected to generate approximately $457 million in annual recurring revenue.”

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 20-year colocation agreement is projected to generate approximately $457 million in annual recurring revenue.”

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