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Antminer S-19j Pro purchase from Bitmain

Company: Riot

Subject kind
product
Statement date
2021-11-07
Promised amount
56.25 USD
Current status
stated

The claim, verbatim

Riot entered into a purchase agreement with Bitmain Technologies Limited to acquire 9,000 Antminer S-19j Pro Bitcoin mining computers for approximately $56.25 million (subject to adjustments).

Source (primary)

Riot 8-K filed 2021-11-08 (SEC EDGAR, sec_filing)
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Quote: “entered into a Non-Fixed Price Sales and Purchase Agreement, dated effective as of October 31, 2021, (the "Purchase Agreement") with Bitmain Technologies Limited ("Bitmain") to acquire 9,000 additional Antminer model S-19j Pro (100 Terahash per second ("TH/s") or better) Bitcoin mining computers (the "Miners") with a purchase price of approximately $56.25 million (subject to adjustments, offsets and costs as set forth in the Purchase Agreement)”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Riot 8-K filed 2021-11-08

Quote: “entered into a Non-Fixed Price Sales and Purchase Agreement, dated effective as of October 31, 2021, (the "Purchase Agreement") with Bitmain Technologies Limited ("Bitmain") to acquire 9,000 additional Antminer model S-19j Pro (100 Terahash per second ("TH/s") or better) Bitcoin mining computers (the "Miners") with a purchase price of approximately $56.25 million (subject to adjustments, offsets and costs as set forth in the Purchase Agreement)”

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