Riot has conditional share purchase rights at Bitfarms
Company: Riot
The claim, verbatim
Bitfarms granted Riot the right to purchase additional Common Shares, conditional on Riot holding 15% or more of outstanding shares, subject to exceptions
Source (primary)
Riot SC 13D/A filed 2024-09-23 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company has also agreed in the Agreement to provide the Reporting Person with certain rights to purchase Common Shares, provided that the Reporting Person 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 that Bitfarms agreed to give Riot certain rights to purchase Common Shares while Riot holds at least 15% of the outstanding shares, subject to exceptions.
Confirmed in the source:
- Bitfarms agreed to give Riot certain rights to purchase Common Shares
- The rights are conditional on Riot holding 15% or more of the outstanding Common Shares
- The rights are subject to certain exceptions
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: “The Company has also agreed in the Agreement to provide the Reporting Person with certain rights to purchase Common Shares, provided that the Reporting Person holds 15% or more of the outstanding Common Shares, subject to certain exceptions”