Riot Platforms’ Powered Land Lease Lowers Build Costs, But Texas Election Adds Timing Risk, Analysts Say
Chardan and Needham analysts explain how Riot Platforms (NASDAQ: RIOT) benefits from its 15-year Corsicana land lease and why the Texas election adds timing risk.
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Why It Matters
Riot got a long lease deal that saves money building bitcoin computers. But Texas voting could delay their plans, so timing is uncertain.
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