YE 2025 fleet efficiency
Company: Riot
What the later record shows
Outcome not yet confirmed
Later decks only restate 2025 fleet efficiency as forecasts (21.1 J/TH, then 20.3 J/TH). No passage reports the fleet efficiency actually achieved in 2025.
“Riot’s total fleet efficiency will be 20.3 J/TH in 2025 after current planned deployment of orders”
2024-10-29 · riot 8-K exhibit (riot-20241030xex99d2.htm) View cached copy (2026-10-25)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 deployment of combined MicroBT orders, or 19.7 J/TH if the entire option is exercised.
Source (primary)
riot 8-K exhibit (riot-20240418xex99d2.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 both figures directly: 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 deployment of combined MicroBT orders
- Riot expects fleet efficiency of 19.7 J/TH if the entire MicroBT option is exercised
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1167419/000116741924000013/riot-20240418xex99d2.htm) in full (22,752 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms riot 8-K exhibit (riot-20240418xex99d2.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”