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Block Mining upfront consideration

Company: Riot

Subject kind
acquisition
Statement date
2024-07-22
Promised amount
92500000.0 USD
Current status
stated

The claim, verbatim

Upfront consideration of $92.5 million comprised $18.5 million in cash and $74 million in Riot shares issued at the 20-day VWAP ending July 18, 2024.

Source (primary)

riot 8-K exhibit (riot-20240723xex99d2.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “Upfront consideration equal to $92.5 million consisting of $18.5 million in cash and $74 million in an amount of Riot shares issued at the 20-day VWAP ending on July 18th, 2024”

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-20240723xex99d2.htm)

Quote: “Upfront consideration equal to $92.5 million consisting of $18.5 million in cash and $74 million in an amount of Riot shares issued at the 20-day VWAP ending on July 18th, 2024”

View cached copy (2026-11-01)Live source ↗