Riot Corsicana Facility

Overview

Bitcoin mining facility pivoting to AI/HPC. 400MW operational with immersion cooling, 600MW being converted for AI workloads.

Key Tenant: Riot Platforms (Bitcoin mining, pivoting to AI/HPC)

Key Points

• •Construction began 2022, operational at 400MW since April 2024
• •All 400MW uses immersion-cooling technology
• •January 2025: Paused Bitcoin expansion, evaluating 600MW for AI/HPC conversion
• •600MW substation progress: 400MW on track Q1 2026, remaining 200MW H2 2026
• •Site expanded to 858 acres with additional 238-acre acquisition
• •Water retention pond for liquid cooling supports full 1GW development
• •Riot considers Corsicana prime location for AI/HPC due to power and proximity