Master purchase agreement with MicroBT for miners, first order
Company: Riot - Project: Corsicana
What the later record shows
The date slipped · new target June 30, 2026
The miners were promised for delivery and deployment in Q1 2024. Later filings, which cover both 2023 MicroBT orders together, pushed full receipt to mid-2025 and then to Q2 2026.
“all miners under these purchase orders are expected to be received and deployed by mid-2025”
2024-07-30 · Riot 10-Q filed 2024-07-31 View cached copy (2026-08-31)Live source ↗
“all miners under these purchase orders are expected to be received by the second quarter of 2026, with deployment following on an ongoing basis”
2025-10-29 · Riot 10-Q filed 2025-10-30 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Entered master purchase and sale agreement with MicroBT on June 23, 2023 to acquire 33,280 latest generation MicroBT miners expected to be delivered to Corsicana and deployed in first quarter of 2024
Source (primary)
Riot 424B5 filed 2024-02-26 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “As of June 23, 2023, we entered into a master purchase and sale agreement (the "Master Agreement") with MicroBT, a leading manufacturer of Bitcoin miners, pursuant to which we executed a purchase order to acquire 33,280 of the latest generation MicroBT miners, which are expected to be delivered to our Corsicana location and deployed during the first quarter of 2024.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The document describes the June 23, 2023 MicroBT Master Agreement and the 33,280-miner order with Corsicana delivery and Q1 2024 deployment.
Confirmed in the source:
- Riot entered into a master purchase and sale agreement with MicroBT as of June 23, 2023
- A purchase order was executed under that agreement for 33,280 latest generation MicroBT miners
- The miners were expected to be delivered to the Corsicana location
- The miners were expected to be deployed during the first quarter of 2024
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000155837024001713/tmb-20240226x424b5.htm) in full (142,665 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 424B5 filed 2024-02-26
Quote: “As of June 23, 2023, we entered into a master purchase and sale agreement (the "Master Agreement") with MicroBT, a leading manufacturer of Bitcoin miners, pursuant to which we executed a purchase order to acquire 33,280 of the latest generation MicroBT miners, which are expected to be delivered to our Corsicana location and deployed during the first quarter of 2024.”
delays Riot 10-Q filed 2024-07-31
Quote: “all miners under these purchase orders are expected to be received and deployed by mid-2025”
delays Riot 10-Q filed 2025-10-30
Quote: “all miners under these purchase orders are expected to be received by the second quarter of 2026, with deployment following on an ongoing basis”