Riot Platforms AI Leases, Sites and Financing
Riot Platforms' sites, AI leases and financings from filings and press, with sources.
Signed a frontier AI lab for 191 MW at Rockdale (20 years, $9.1B) and has a full-site LOI at its 1 GW Corsicana campus. Morgan Stanley provides interim construction debt.
Profile
| Type | Miner turned AI host |
| Headquarters | Castle Rock, CO |
| AI status | Signed AI/HPC lease |
| Listing | NASDAQ: RIOT |
| Website | riotplatforms.com |
Financings
| Date | Amount | Type | Lender | Detail | Source |
|---|---|---|---|---|---|
| Aug 2026 | $573M | Interim construction loan | Morgan Stanley | $573M interim financing for Rockdale development | Barchart |
| May 2026 | n/d | Bitcoin-backed loan | Coinbase | Bitcoin-backed loan at about 6.15% | Miner Weekly |
Sites
| Site | Location | MW | Status |
|---|---|---|---|
| RockdaleFrontier AI lab lease plus AMD | Rockdale, TX | 191 MW | Bitcoin and AI/HPC |
| Corsicana1 GW approved power; full-site LOI, up to 756 MW critical IT | Corsicana, TX | 1 GW | Planned AI/HPC |
MW as reported: some figures are gross power, some critical IT. Sources: Barchart, Blockspace, The Energy Mag, Miner Weekly.
AI leases and deals
| Date | Counterparty | Deal | Value | Source |
|---|---|---|---|---|
| Aug 2026 | Frontier AI lab (unnamed) | 20-year lease, 191 MW critical IT at Rockdale; up to $16.1B with extensions | $9.1B | Barchart |
| Jan 2026 | AMD | AI hosting at Rockdale, 25 MW expanding to 50 MW | n/d | The Energy Mag |
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