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Bitcoin sales as primary funding source

Company: Riot

Subject kind
financing
Statement date
2026-08-10
Current status
verified

The claim, verbatim

CEO Jason Les said selling Bitcoin remains the company's primary source of funding for operations and the equity portion of its data-center capital expenditures.

Source (primary)

Riot Platforms Sold 79% of Its Bitcoin Last Quarter. Does Mining Bitcoin Still Pay? - Yahoo Finance (-, news_article)
View cached copy (2026-11-05)Live source ↗Archive.org ↗

Quote: “During the earnings call on August 10, CEO Jason Les said selling Bitcoin remains the company's primary source of funding for operations and the equity portion of its data-center capital expenditures.”

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 Platforms Sold 79% of Its Bitcoin Last Quarter. Does Mining Bitcoin Still Pay? - Yahoo Finance

Quote: “During the earnings call on August 10, CEO Jason Les said selling Bitcoin remains the company's primary source of funding for operations and the equity portion of its data-center capital expenditures.”

View cached copy (2026-11-05)Live source ↗Archive.org ↗

confirms Riot Platforms Sold 79% of Its Bitcoin Last Quarter. Does Mining Bitcoin Still Pay? - 24/7 Wall St.

Quote: “During the earnings call on August 10, CEO Jason Les said selling Bitcoin remains the company’s primary source of funding for operations and the equity portion of its data-center capital expenditures.”

View cached copy (2026-11-05)Live source ↗Archive.org ↗

Record of changes

November 5, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 5, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.