jain.com

MicroBT long-term purchase option

Company: Riot

Subject kind
partnership
Statement date
2024-04-17
Promised amount
265000.0 units
Current status
stated

The claim, verbatim

Riot holds a long-term purchase option with MicroBT for 265,000 M66S miners (about 75 EH/s) at a price ceiling of $16.50/TH, providing a path to 100 EH/s of self-mining capacity.

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: “Purchase option for 75 EH/s of latest generation machines with a price ceiling of $16.50 /TH”

How we checked this

Checked on November 9, 2026. The cited source supports every part of this claim.

The presentation describes a long-term option for 265,000 M66S miners. It cites 74 EH/s in the table and 75 EH/s in the text, with a $16.50/TH price ceiling, and says the option provides a clear path to 100 EH/s in self-mining.

Confirmed in the source:

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: “Purchase option for 75 EH/s of latest generation machines with a price ceiling of $16.50 /TH”

View cached copy (2026-11-08)Live source ↗