12-month liquidity sufficiency
Company: Riot
What the later record shows
Outcome not yet confirmed
The only liquidity statement in the passages (P19) covers the period after December 31, 2021. No passage says whether cash on hand was sufficient for the twelve months after March 31, 2020.
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Company believes current cash on hand is sufficient to meet operating and capital requirements for at least the next twelve months from March 31, 2020
Source (primary)
Riot 10-Q filed 2020-05-08 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Company believes its current cash on hand is sufficient to meet its operating and capital requirements for at least the next twelve months from the date these financial statements are issued.”
How we checked this
Checked on October 11, 2026. The cited source supports part of this claim, but not all of it.
The filing contains the liquidity sufficiency statement, but it measures the twelve months from the financial statements' issuance date, not from March 31, 2020 as the claim says.
Confirmed in the source:
- Riot Blockchain stated it believed its current cash on hand was sufficient to meet its operating and capital requirements for at least the next twelve months (10-Q for the quarter ended March 31, 2020)
We could not confirm this from the cited source:
- The twelve-month period runs from March 31, 2020; the filing measures it from the date the financial statements were issued (the 10-Q is dated May 8, 2020)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
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: “The Company believes its current cash on hand is sufficient to meet its operating and capital requirements for at least the next twelve months from the date these financial statements are issued.”