jain.com

Riot owns 19.9% stake in Bitfarms Ltd

Company: Riot

Subject kind
acquisition
Statement date
2024-09-22
Current status
stated

The claim, verbatim

Riot beneficially owns 90,110,912 Common Shares of Bitfarms Ltd., representing 19.9% of outstanding shares

Source (primary)

Riot SC 13D/A filed 2024-09-23 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 90,110,912; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.9%”

How we checked this

Checked on September 17, 2026. The cited source supports every part of this claim.

The filing's cover page reports Riot's aggregate beneficial ownership as 90,110,912 Bitfarms Common Shares, or 19.9% of the class, calculated on 452,860,321 shares outstanding.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000110465924101875/tm2424523d1_sc13da.htm) in full (11,032 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot SC 13D/A filed 2024-09-23

Quote: “AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 90,110,912; PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.9%”

View cached copy (2026-08-31)Live source ↗