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Bitcoin sales to fund data-center build, no equity raised

Company: Riot

Subject kind
financing
Statement date
2026-11-05
Current status
stated

The claim, verbatim

In the first nine months of 2026, Riot sold 20,264 bitcoin for about $1.5 billion, mainly to fund data-center development, and raised no equity.

Source (primary)

Riot Platforms Reports Third-Quarter Results and Data Center Expansion - The Globe and Mail (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “During the first nine months of 2026, Riot sold 20,264 bitcoin for approximately $1.5 billion, primarily to fund data-center development, and did not raise equity.”

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 Reports Third-Quarter Results and Data Center Expansion - The Globe and Mail

Quote: “During the first nine months of 2026, Riot sold 20,264 bitcoin for approximately $1.5 billion, primarily to fund data-center development, and did not raise equity.”

View cached copy (2026-11-06)Live source ↗Archive.org ↗