jain.com

Data center capital expenditure required

Company: Riot

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

The claim, verbatim

requires capital expenditure of $2.1 billion to $2.3 billion

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: “To support this expansion, Riot requires capital expenditure of roughly $2.1 billion to $2.3 billion.”

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: “To support this expansion, Riot requires capital expenditure of roughly $2.1 billion to $2.3 billion.”

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