Riot signs $9.1B, 20-year lease for 191MW AI at Rockdale
RIOT Riot Platforms Inc
$19.37 -5.60%
View chart & analysis → - 1Riot Platforms (RIOT) has signed a 20-year lease for 191MW of critical IT capacity at its Rockdale campus in Texas with an undisclosed Frontier AI research lab.
- 2The Tier 3 data center deal generates about $9.1B in revenue through June 2048, with cumulative NOI of $7.3B–$8.2B over the base term.
- 3If the tenant exercises two five-year extension options, the potential contract value rises to about $16.1B, and combined contracted IT capacity with AMD totals 241MW.
This 3-line summary is compiled from the report below.
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