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Acquisition cost was $78.7M

Company: Riot

Subject kind
acquisition
Statement date
2024-05-28
Current status
stated

The claim, verbatim

Riot spent US$78,695,396 in aggregate to purchase Bitfarms common shares

Source (primary)

Riot SC 13D/A filed 2024-05-29 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “The aggregate purchase price of the Common Shares held by the Reporting Person reported herein was US$78,695,396”

How we checked this

Attempted on September 21, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000110465924066159/tm2415618d8_sc13da.htm) in full (4,902 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot SC 13D/A filed 2024-05-29

Quote: “The aggregate purchase price of the Common Shares held by the Reporting Person reported herein was US$78,695,396”

View cached copy (2026-09-13)Live source ↗