Metro Plaza
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OperationalPlanned

Operational with future phases planned

Texas

State
South Central US

Region
United States

Country
North America

Region
Americas

Region

Riot: Corsicana, TX

Year Built: 2024

Lot Size: 858 acres

Total Power

Update: Riot Platforms has halted the next 200 MW phase of Bitcoin mining expansion at its Corsicana, TX data center. This decision was made in January 2025, when the company announced it would pause all further Bitcoin mining buildouts beyond the current capacity and instead evaluate converting the remaining 600 MW of approved power capacity for AI/HPC workloads .

Riot Platforms initiated a large-scale, 1 gigawatt (“GW”) development to expand its Bitcoin mining and hosting capabilities (“the Expansion”) in Corsicana, Navarro County, Texas.

Riot Platforms has acquired two additional parcels of land in 2025 for its Corsicana campus in Texas. The company announced the acquisition of 355 acres in May, followed by another 238 acres in July. The latest purchase brings the total size of the Corsicana data center campus to 858 acres.

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Riot Platforms Sites

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Distance	Site	About
18.28 miles	Nexus: Hubbard, Texas	The Nexus Hubbard Campus is located on a 2,000-acre site in Hubbard, Texas, specifically designed to support the intense power demands of AI hyperscale workloads.

South Ridge
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Operating Company

Overview

Riot Platforms (NASDAQ: RIOT), headquartered in Castle Rock, Colorado, is a large-scale North American Bitcoin miner operating two flagship campuses in Texas: Rockdale (700 MW) and Corsicana (400 MW). CEO Jason Les leads the company.

Strategic pivot to AI/HPC data center operator (2026)

On the Q1 2026 earnings release (April 30, 2026), Les described the quarter as "a definitive inflection point for Riot, as we officially transitioned into an active, revenue-generating data center operator."

Key developments:

AMD AI/HPC tenancy at Corsicana. AMD doubled its contracted capacity at the Corsicana campus from 25 MW to 50 MW, establishing Riot's first material non-Bitcoin revenue line.
Terrestrial Energy MOU. Post-quarter, Riot signed a memorandum of understanding with Terrestrial Energy to co-locate Integral Molten Salt Reactor (IMSR) nuclear units alongside AI/HPC data centers. The framework contemplates multiple 390 MW reactors scaling to roughly 4 GW of nuclear-powered AI capacity across sites in Texas and Kentucky.
Capital reallocation. Riot sold 3,778 BTC for $289.5 million during the quarter to fund the data center buildout, while continuing to self-mine 1,473 BTC.

Q1 2026 financials

Revenue: $167.2 million, with the new data center segment contributing $33.2 million (~20%), the first quarter of material non-mining revenue.
Bitcoin mining remains the cash-generating foundation of the business while capacity is converted to higher-value HPC/AI hosting.

Capex direction

New capital is flowing to AI/HPC buildout at Corsicana and exploratory nuclear-AI development with Terrestrial Energy. Bitcoin mining is being treated as a cash flow source to fund the data center transition rather than a growth area for incremental hashrate.

Facilities

Markets

1100MW

Megawatts