Riot Platforms demonstrated strong progress in its transformation into a leading data center operator, marked by the initiation of major construction projects and strategic land acquisitions, setting the stage for future growth.
- Initiated Core & Shell development of two buildings at the Corsicana data center, adding 112 megawatts of IT capacity.
- Acquired an additional 67 acres adjacent to Corsicana, facilitating a future 1 gigawatt utility load campus design.
- Completed a standardized basis of design for data centers, enhancing engagement with potential hyperscale and enterprise tenants.
- Progressed on the Corsicana substation expansion, with the first auto transformer on site and energization scheduled for Q1 2026.
- Continued aggressive hiring for key leadership roles, supporting the rapid development and operational growth of the data center business.
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