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Non-binding term sheet to acquire Rhodium assets at Rockdale for $185M

Company: Riot

Subject kind
acquisition
Statement date
2025-03-23
Promised amount
185000000.0 USD
Current status
stated

The claim, verbatim

Riot, through its wholly-owned subsidiary Whinstone, entered a non-binding term sheet to acquire Rhodium's assets at the Rockdale Facility for $185 million in total consideration, payable on closing.

Source (primary)

riot 8-K exhibit (riot-20250321xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗

Quote: “upon closing of the Transaction, Whinstone (or an affiliate) will provide $185 million in total consideration to Rhodium”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms riot 8-K exhibit (riot-20250321xex99d1.htm)

Quote: “upon closing of the Transaction, Whinstone (or an affiliate) will provide $185 million in total consideration to Rhodium”

View cached copy (2026-10-18)Live source ↗