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Bitmain S17 Pro Antminers purchase

Company: Riot

Subject kind
acquisition
Statement date
2020-03-24
Promised amount
4000.0 units
Current status
stated

The claim, verbatim

Purchased 4,000 next generation Bitmain S17 Pro Antminers for approximately $6.4 million

Source (primary)

Riot 10-K filed 2020-03-25 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “During December 2019, the Company purchased 4,000 next generation Bitmain S17 Pro Antminers for approximately $6.4 million from Bitmain.”

How we checked this

Checked on September 23, 2026. The cited source supports every part of this claim.

The business and MD&A sections state Riot bought 4,000 S17 Pro Antminers for about $6.4 million in December 2019, though the financial statement notes give approximately $6.3 million.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997320000216/riot_10k-123119.htm) in full (373,694 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot 10-K filed 2020-03-25

Quote: “During December 2019, the Company purchased 4,000 next generation Bitmain S17 Pro Antminers for approximately $6.4 million from Bitmain.”

View cached copy (2026-09-13)Live source ↗