Bitcoin purchase
Company: Riot
The claim, verbatim
During December 10-12, 2024, acquired approximately 5,117 Bitcoin for approximately $510 million at an average price of approximately $99,669 per Bitcoin
Source (primary)
Riot 8-K filed 2024-12-13 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “during the period between December 10, 2024 and December 12, 2024, the Company acquired approximately 5,117 Bitcoin for approximately $510 million at an average price of approximately $99,669 per Bitcoin, inclusive of fees and expenses”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
Riot's December 13, 2024 Form 8-K states the quantity, total cost, average price, and date range exactly as the claim describes.
Confirmed in the source:
- Riot Platforms acquired approximately 5,117 Bitcoin between December 10 and December 12, 2024
- The purchase cost approximately $510 million
- The average price was approximately $99,669 per Bitcoin, inclusive of fees and expenses
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000155837024016217/riot-20241213x8k.htm) in full (3,020 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 8-K filed 2024-12-13
Quote: “during the period between December 10, 2024 and December 12, 2024, the Company acquired approximately 5,117 Bitcoin for approximately $510 million at an average price of approximately $99,669 per Bitcoin, inclusive of fees and expenses”