2025 fleet efficiency target (21.8 J/TH)
Company: Riot
What the later record shows
Outcome not yet confirmed
Subsequent materials give only revised forward estimates of 2025 fleet efficiency (21.1 J/TH, 20.3 J/TH). They never state an achieved figure.
“Riot’s total fleet efficiency will be 21.1 J/TH in 2025 after current planned deployment of orders”
2024-07-30 · riot 8-K exhibit (riot-20240731xex99d2.htm) View cached copy (2026-11-01)Live source ↗
Checked November 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Riot expects total fleet efficiency of 21.8 J/TH in 2025 after deploying combined orders, and 19.7 J/TH if the entire option is exercised.
Source (primary)
riot 8-K exhibit (riot-20240501xex99d2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗
Quote: “Riot’s total fleet efficiency will be 21.8 J/TH in 2025 after deployment of combined orders, 19.7 J/TH if entire option exercised”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The MicroBT slide states fleet efficiency will be 21.8 J/TH in 2025 after combined orders and 19.7 J/TH if the entire option is exercised.
Confirmed in the source:
- Riot expects total fleet efficiency of 21.8 J/TH in 2025 after deploying combined orders
- Riot expects fleet efficiency of 19.7 J/TH if the entire option is exercised
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1167419/000155837024006323/riot-20240501xex99d2.htm) in full (23,476 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms riot 8-K exhibit (riot-20240501xex99d2.htm)
Quote: “Riot’s total fleet efficiency will be 21.8 J/TH in 2025 after deployment of combined orders, 19.7 J/TH if entire option exercised”