Whinstone US Inc acquisition
Company: Riot
The claim, verbatim
Riot acquired Whinstone US, Inc., recognizing goodwill of $267.4 million and intangible assets of $89.7 million; acquisition-related costs of $18.3 million incurred in first six months of 2021
Source (primary)
Riot 10-Q filed 2021-08-23 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “our acquisition of Whinstone US, Inc. ("Whinstone"), or those benefits may take longer to realize than expected”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The balance sheet and acquisition notes establish the Whinstone acquisition, the $267.4M goodwill, $89.7M intangibles, and $18.3M six-month acquisition costs exactly.
Confirmed in the source:
- Riot acquired Whinstone US, Inc.
- Goodwill of $267.4 million was recognized ($267,409 thousand)
- Intangible assets, net of $89.7 million were recorded ($89,713 thousand)
- Acquisition-related costs of $18.3 million were incurred in the six months ended June 30, 2021
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997321000828/riot10qq2-0621.htm) in full (194,179 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 10-Q filed 2021-08-23
Quote: “our acquisition of Whinstone US, Inc. ("Whinstone"), or those benefits may take longer to realize than expected”