MicroBT annual miner purchase options
Company: Riot
The claim, verbatim
MicroBT granted Riot additional annual purchase options for up to 66,560 Miners per year for a total of 265,000 additional Miners under terms at least comparable to P.O. 02, with Master Agreement term extended through December 31, 2027
Source (primary)
Riot 8-K filed 2023-12-06 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “In connection with P.O. 02, MicroBT extended additional annual Miner purchase options to Riot, providing Riot with the option to purchase up to 66,560 Miners per year from MicroBT, for a total of 265,000 additional Miners, under the Master Agreement, on terms at least on par with P.O. 02. Accordingly, the term of the Master Agreement was extended out through December 31, 2027, which may be further extended by the production and delivery schedule of any additional purchase orders executed under the Master Agreement.”
How we checked this
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Additional evidence
confirms Riot 8-K filed 2023-12-06
Quote: “In connection with P.O. 02, MicroBT extended additional annual Miner purchase options to Riot, providing Riot with the option to purchase up to 66,560 Miners per year from MicroBT, for a total of 265,000 additional Miners, under the Master Agreement, on terms at least on par with P.O. 02. Accordingly, the term of the Master Agreement was extended out through December 31, 2027, which may be further extended by the production and delivery schedule of any additional purchase orders executed under the Master Agreement.”