Riot acquires 19.9% stake in Bitfarms Ltd.
Company: Riot
The claim, verbatim
Riot Platforms beneficially owns 90,110,912 common shares of Bitfarms Ltd., representing 19.9% of the outstanding class, with sole voting and dispositive power
Source (primary)
Riot SC 13D/A filed 2024-09-05 (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 of 90,110,912 Bitfarms common shares, equal to 19.9% of the class. The same page shows sole voting and sole dispositive power over all of those shares, with zero shared power.
Confirmed in the source:
- Riot Platforms beneficially owns 90,110,912 common shares of Bitfarms Ltd.
- The holding represents 19.9% of the outstanding class of Bitfarms common shares
- Riot has sole voting power over the 90,110,912 shares
- Riot has sole dispositive power over the 90,110,912 shares
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000110465924097450/tm2423341d1_sc13da.htm) in full (5,863 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot SC 13D/A filed 2024-09-05
Quote: “AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 90,110,912 ... PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.9%”