Equity compensation - infrastructure target
Company: Riot
The claim, verbatim
Riot's equity compensation program requires building 1.5 gigawatts of Bitcoin mining infrastructure to receive full benefits
Source (primary)
Riot DEFA14A filed 2022-07-08 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “To get the full benefit of this program, we would have to have built 1.5 gigawatts of Bitcoin mining infrastructure”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The CEO states that to get the full benefit of the program, Riot would have to build 1.5 gigawatts of Bitcoin mining infrastructure.
Confirmed in the source:
- Riot's equity compensation program requires building 1.5 gigawatts of Bitcoin mining infrastructure to receive full benefits
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000114036122025610/brhc10039549_defa14a.htm) in full (34,542 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot DEFA14A filed 2022-07-08
Quote: “To get the full benefit of this program, we would have to have built 1.5 gigawatts of Bitcoin mining infrastructure”