May 10, 2026
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Sequencing Beats Vision: Why Fermi's $19B Pitch Couldn't Land a Single Tenant
Riot Platforms signed a non-binding MoU with Terrestrial Energy for up to 4 GW of SMR capacity at Texas and Kentucky sites.
Companies
Riot Platforms is a Bitcoin mining company operating multiple data centers in Texas that consumes significant electrical power from the state's grid.
May 10, 2026
Subscribe for full access
Sequencing Beats Vision: Why Fermi's $19B Pitch Couldn't Land a Single Tenant
Riot Platforms signed a non-binding MoU with Terrestrial Energy for up to 4 GW of SMR capacity at Texas and Kentucky sites.
May 9, 2026
Subscribe for full access
Behind-the-Meter Goes Mainstream as 30% of New Datacenters Skip the Queue
Terrestrial Energy and Riot Platforms signed an MOU for up to 4 GW of co-located 390 MW IMSR units at Riot's Texas and Kentucky sites, with natural gas as a bridge fuel.
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Terrestrial Energy
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