Terrestrial Energy memorandum of understanding
Company: Riot
The claim, verbatim
Riot signed a memorandum of understanding with Terrestrial Energy to explore placing small nuclear reactors near future data centers in Texas and Kentucky, covering multiple 390 MW IMSR plants with up to 4 GW of total nuclear capacity
Source (primary)
Duquesne Entered a New Position in Riot Platforms During Q2. What This Means for RIOT Stock. - Barchart.com (-, news_article)
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Quote: “In May, Riot Platforms also signed a memorandum of understanding with Terrestrial Energy to explore placing small nuclear reactors near future data centers in Texas and Kentucky. The proposal covers multiple 390 MW IMSR plants, with up to 4 GW of total nuclear capacity, while natural gas could support the sites during the buildout.”
How we checked this
Additional evidence
confirms Duquesne Entered a New Position in Riot Platforms During Q2. What This Means for RIOT Stock. - Barchart.com
Quote: “In May, Riot Platforms also signed a memorandum of understanding with Terrestrial Energy to explore placing small nuclear reactors near future data centers in Texas and Kentucky. The proposal covers multiple 390 MW IMSR plants, with up to 4 GW of total nuclear capacity, while natural gas could support the sites during the buildout.”