$480 million Bitmain ASIC miner purchase order with delivery through December 2022
Company: Riot
The claim, verbatim
Executed $480 million in purchase orders with Bitmain for 82,500 ASIC miners with anticipated monthly delivery and deployment through December 2022
Source (primary)
Riot 10-K filed 2022-03-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “we executed additional purchase orders totaling $480 million with Bitmain Technologies Limited ("Bitmain") for an additional 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, including 43,500 model S19j (90 TH/s) miners and 9,000 model S19j Pro (100 TH/s) miners, with anticipated monthly delivery and deployment schedules set through December 2022”
How we checked this
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Additional evidence
confirms Riot 10-K filed 2022-03-16
Quote: “we executed additional purchase orders totaling $480 million with Bitmain Technologies Limited ("Bitmain") for an additional 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, including 43,500 model S19j (90 TH/s) miners and 9,000 model S19j Pro (100 TH/s) miners, with anticipated monthly delivery and deployment schedules set through December 2022”