Purchase of 4,000 Bitmain Antminer S17 Pro miners
Company: Riot
The claim, verbatim
Company purchased 4,000 next-generation Bitmain Antminer S17 Pro miners for approximately $6.3 million from Bitmain in December 2019
Source (primary)
Riot 10-Q filed 2020-05-08 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “In December 2019, the Company purchased 4,000 next generation Bitmain Antminer S17 Pro for approximately $6.3 million from BitmainTech PTE. LTD. ("Bitmain").”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The 10-Q's Note 1 states every element of this claim: 4,000 next-generation S17 Pro miners bought from Bitmain for about $6.3 million in December 2019.
Confirmed in the source:
- Riot purchased 4,000 Bitmain Antminer S17 Pro miners
- The miners are described as next generation
- The purchase price was approximately $6.3 million
- The seller was BitmainTech PTE. LTD. (Bitmain)
- The purchase was made in December 2019
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997320000358/riot_10q-033020.htm) in full (86,770 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 10-Q filed 2020-05-08
Quote: “In December 2019, the Company purchased 4,000 next generation Bitmain Antminer S17 Pro for approximately $6.3 million from BitmainTech PTE. LTD. ("Bitmain").”