JonesResearch upgrades Riot to Buy, sees 55% upside on HPC execution JonesResearch cited strengthened confidence in Riot’s ability to secure a HPC lease at its Corsicana site, where an additional 600 MW of power capacity benefits from pre-SB6 grandfathered status under evolving Texas regulations. While some HPC premium—reflecting market expectations of an initial ~150 MW deal—is already priced in, JonesResearch argues that even a smaller 100 MW agreement would act as a catalyst for the broader 600 MW opportunity. @RiotPlatforms $RIOT