Purchase rights condition
Company: Riot
The claim, verbatim
Bitfarms agreed to provide Riot with certain rights to purchase Common Shares, provided that Riot holds 15% or more of the outstanding Common Shares, subject to certain exceptions.
Source (primary)
Riot 8-K filed 2024-09-23 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Bitfarms has also agreed in the Agreement to provide Riot with certain rights to purchase Common Shares, provided that Riot holds 15% or more of the outstanding Common Shares, subject to certain exceptions.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states these purchase rights and the 15% holding condition.
Confirmed in the source:
- Bitfarms agreed to provide Riot with certain rights to purchase Common Shares
- These rights require Riot to hold 15% or more of the outstanding Common Shares, subject to certain exceptions
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000110465924101880/tm2424523d2_8k.htm) in full (12,471 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 8-K filed 2024-09-23
Quote: “Bitfarms has also agreed in the Agreement to provide Riot with certain rights to purchase Common Shares, provided that Riot holds 15% or more of the outstanding Common Shares, subject to certain exceptions.”