2025 fleet efficiency target
Company: Riot
What the later record shows
Outcome not yet confirmed
The passages only give forecasts of 2025 fleet efficiency, which moved to 21.8, 21.1 and then 20.3 J/TH. None reports the 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 10, 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 22.4 J/TH in 2025 after deployment of the initial MicroBT order, and 19.8 J/TH if the entire option is exercised.
Source (primary)
riot 8-K exhibit (riot-20240222xex99d2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-10)Live source ↗
Quote: “Riot's total fleet efficiency will be 22.4 J/TH in 2025 after deployment of initial order, 19.8 J/TH if entire option exercised”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The presentation states both fleet efficiency figures and the conditions attached to each.
Confirmed in the source:
- Riot projects total fleet efficiency of 22.4 J/TH in 2025 after deployment of the initial order
- Riot projects total fleet efficiency of 19.8 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/1167419/000116741924000001/riot-20240222xex99d2.htm) in full (20,192 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms riot 8-K exhibit (riot-20240222xex99d2.htm)
Quote: “Riot's total fleet efficiency will be 22.4 J/TH in 2025 after deployment of initial order, 19.8 J/TH if entire option exercised”