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Long-term miner supply agreement with MicroBT

Company: Riot

Subject kind
partnership
Statement date
2024-02-22
Current status
stated

The claim, verbatim

Riot entered into a long-term master purchase and sales agreement with MicroBT to secure long-term supply of state-of-the-art immersion miners manufactured in the United States

Source (primary)

Riot 10-K filed 2024-02-23 (SEC EDGAR, sec_filing)
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Quote: “we entered into a long-term master purchase and sales agreement, dated as of June 23, 2023, as amended (the "Master Agreement") with MicroBT Electronics Technology Co., LTD, through its manufacturing affiliate, SuperAcme Technology (Hong Kong) Limited (collectively, "MicroBT") to secure the long-term supply of state-of-the-art immersion miners from MicroBT, all of which are being manufactured in the United States”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Riot 10-K filed 2024-02-23

Quote: “we entered into a long-term master purchase and sales agreement, dated as of June 23, 2023, as amended (the "Master Agreement") with MicroBT Electronics Technology Co., LTD, through its manufacturing affiliate, SuperAcme Technology (Hong Kong) Limited (collectively, "MicroBT") to secure the long-term supply of state-of-the-art immersion miners from MicroBT, all of which are being manufactured in the United States”

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