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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

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: “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 ↗