Purchase of 31,500 MicroBT M60S miners
Company: Riot
The claim, verbatim
Riot entered a purchase agreement with MicroBT and bought 31,500 WhatsMiner M60S miners (5.9 EH/s combined) for $97.4 million, about $16.50/TH, excluding taxes, fees and adjustments.
Source (primary)
riot 8-K exhibit (riot-20240224xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-09)Live source ↗
Quote: “Riot has purchased 31,500 next-generation M60S miners from MicroBT for a total consideration of $97.4 million (exclusive of applicable taxes and fees and adjustments), reflecting a rate of $16.50 per TH”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The press release states the agreement, the 31,500 M60S miners, the 5.9 EH/s combined capacity, the $97.4 million price excluding taxes, fees and adjustments, and the $16.50/TH rate.
Confirmed in the source:
- Riot entered a purchase agreement with MicroBT
- Riot purchased 31,500 WhatsMiner M60S miners from MicroBT
- The miners have a combined 5.9 EH/s
- The total consideration was $97.4 million
- The price was about $16.50 per TH
- The $97.4 million excludes applicable taxes, fees and adjustments
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1167419/000116741924000008/riot-20240224xex99d1.htm) in full (8,376 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms riot 8-K exhibit (riot-20240224xex99d1.htm)
Quote: “Riot has purchased 31,500 next-generation M60S miners from MicroBT for a total consideration of $97.4 million (exclusive of applicable taxes and fees and adjustments), reflecting a rate of $16.50 per TH”