Purchase of 1,000 Antminer S19 Pro digital currency miners from Bitmain
Company: Riot
The claim, verbatim
Riot agreed to purchase 1,000 Antminer S19 Pro digital currency miners from Bitmain for an aggregate purchase price of approximately US $2,437,000, with expected shipment completion by late June 2020
Source (primary)
Riot 8-K filed 2020-05-05 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On April 29, 2020, Riot Blockchain, Inc. ("Riot" or the "Corporation") entered into a Sale and Purchase Agreement (the "Agreement") with Bitmaintech PTE. LTD. ("Bitmain"), pursuant to which the Corporation agreed to purchase one thousand (1,000) next generation model Antminer S19 Pro digital currency miners (the "Miners"), for an aggregate purchase price of approximately US $2,437,000, subject to adjustment and additional costs as set forth in the Agreement. Pursuant to the Agreement, shipment of the Miners is expected to be completed by late June 2020.”
How we checked this
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Additional evidence
confirms Riot 8-K filed 2020-05-05
Quote: “On April 29, 2020, Riot Blockchain, Inc. ("Riot" or the "Corporation") entered into a Sale and Purchase Agreement (the "Agreement") with Bitmaintech PTE. LTD. ("Bitmain"), pursuant to which the Corporation agreed to purchase one thousand (1,000) next generation model Antminer S19 Pro digital currency miners (the "Miners"), for an aggregate purchase price of approximately US $2,437,000, subject to adjustment and additional costs as set forth in the Agreement. Pursuant to the Agreement, shipment of the Miners is expected to be completed by late June 2020.”