Purchase of 99,840 MicroBT miners for $453.4 million
Company: Riot
The claim, verbatim
Two purchase orders executed in 2023 to acquire 99,840 MicroBT miners (8,320 M56S+, 22,684 M56S++, 20,778 M66, 48,058 M66S models) for approximately $453.4 million, primarily for Corsicana Facility
Source (primary)
Riot 10-K filed 2024-02-23 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “we executed two purchase orders under the Master Agreement to acquire a total of 99,840 new MicroBT miners...for a total purchase price of approximately $453.4 million”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states the miner counts, model breakdown, price, and Corsicana designation verbatim.
Confirmed in the source:
- Two purchase orders were executed in 2023 under the Master Agreement
- A total of 99,840 MicroBT miners were acquired (8,320 M56S+, 22,684 M56S++, 20,778 M66, 48,058 M66S)
- Total purchase price was approximately $453.4 million
- The miners are primarily for use at the Corsicana Facility
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000155837024001550/riot-20231231x10k.htm) in full (443,676 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 10-K filed 2024-02-23
Quote: “we executed two purchase orders under the Master Agreement to acquire a total of 99,840 new MicroBT miners...for a total purchase price of approximately $453.4 million”