Bitcoin sale to fund Rockdale acquisition
Company: Riot - Project: Rockdale
The claim, verbatim
Riot funded the $96.0 million land acquisition by selling approximately 1,080 bitcoin from balance sheet
Source (primary)
riot 8-K exhibit (riot-20260116xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-21)Live source ↗
Quote: “The fee simple acquisition of the land at the Rockdale Site was funded entirely by the sale of approximately 1,080 bitcoin from Riot's balance sheet.”
How we checked this
Checked on September 25, 2026. The cited source supports every part of this claim.
The release says the $96.0 million acquisition was funded entirely by selling approximately 1,080 bitcoin from Riot's balance sheet.
Confirmed in the source:
- The Rockdale land acquisition cost $96.0 million
- It was funded entirely by the sale of approximately 1,080 bitcoin
- The bitcoin came from Riot's balance sheet
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1167419/000110465926004551/riot-20260116xex99d1.htm) in full (14,649 characters, retrieved September 21, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms riot 8-K exhibit (riot-20260116xex99d1.htm)
Quote: “The fee simple acquisition of the land at the Rockdale Site was funded entirely by the sale of approximately 1,080 bitcoin from Riot's balance sheet.”