Bitfarms acquisition financed with working capital
Company: Riot
The claim, verbatim
The Bitfarms common shares were purchased using funds from Riot's working capital
Source (primary)
Riot SC 13D/A filed 2024-06-13 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Common Shares beneficially owned by the Reporting Person were purchased using funds out of its working capital”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing states that the shares were bought with funds out of Riot's working capital, and it lists the source of funds as WC.
Confirmed in the source:
- Riot purchased the Bitfarms common shares it beneficially owns using funds from its working capital
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000110465924071407/tm2415618d17_sc13da.htm) in full (5,141 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot SC 13D/A filed 2024-06-13
Quote: “The Common Shares beneficially owned by the Reporting Person were purchased using funds out of its working capital”