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Riot finances Bitfarms acquisition from working capital

Company: Riot

Subject kind
financing
Statement date
2024-09-04
Promised amount
202180487.0 USD
Current status
stated

The claim, verbatim

Riot spent US$202,180,487 in aggregate to purchase Bitfarms common shares, funded from working capital

Source (primary)

Riot SC 13D/A filed 2024-09-05 (SEC EDGAR, sec_filing)
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Quote: “The aggregate purchase price of the Common Shares held by the Reporting Person reported herein was US$202,180,487. The Common Shares beneficially owned by the Reporting Person were purchased using funds out of its working capital.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Riot SC 13D/A filed 2024-09-05

Quote: “The aggregate purchase price of the Common Shares held by the Reporting Person reported herein was US$202,180,487. The Common Shares beneficially owned by the Reporting Person were purchased using funds out of its working capital.”

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