Bitmain ASIC miner purchase order
Company: Riot
The claim, verbatim
The company executed purchase orders totaling $480 million with Bitmain Technologies Limited for 82,500 ASIC miners in 2021, with deliveries extended through early 2023.
Source (primary)
Riot 10-K filed 2023-03-02 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “During the year ended December 31, 2021, we executed purchase orders totaling $480 million with Bitmain Technologies Limited ("Bitmain") for 82,500 ASIC miners, including 30,000 of Bitmain's latest generation Antminer model S19XP (140 TH/s) miners, and 52,500 S19j and S19j Pro miners... All miners subject to these purchase orders were delivered through December 31, 2022, except for 5,130 miners, which were delivered in January 2023.”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states the $480 million Bitmain purchase orders for 82,500 miners in 2021 and that deliveries extended into January 2023.
Confirmed in the source:
- Riot executed purchase orders totaling $480 million with Bitmain Technologies Limited in 2021
- The orders were for 82,500 ASIC miners
- All miners were delivered through December 31, 2022 except 5,130 delivered in January 2023
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000155837023002704/riot-20221231x10k.htm) in full (577,023 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 10-K filed 2023-03-02
Quote: “During the year ended December 31, 2021, we executed purchase orders totaling $480 million with Bitmain Technologies Limited ("Bitmain") for 82,500 ASIC miners, including 30,000 of Bitmain's latest generation Antminer model S19XP (140 TH/s) miners, and 52,500 S19j and S19j Pro miners... All miners subject to these purchase orders were delivered through December 31, 2022, except for 5,130 miners, which were delivered in January 2023.”