Benjamin Yi Executive Chairman base salary increase
Company: Riot
What the later record shows
Delivered on time · happened January 1, 2026
The 2026 proxy states Yi's base salary is $900,000 paid in cash, with no Bitcoin component. His amended employment agreement is dated January 1, 2026.
“Yi’s compensation for his services as our Executive Chairman is $900,000 as annual base salary, paid in cash.”
2026-04-29 · Riot DEF 14A filed 2026-04-30 View cached copy (2026-08-31)Live source ↗
“Amended and Restated Executive Employment Agreement, by and between the Company and Benjamin Yi, dated as of January 1, 2026.”
2026-04-29 · Riot 10-Q filed 2026-04-30 View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Benjamin Yi's annual base salary increased from $600,000 to $900,000, and the Bitcoin component of his base compensation was eliminated
Source (primary)
Riot 8-K filed 2026-01-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The annual base salary for each of Mr. Les and Mr. Yi increased from $600,000 to $900,000 and the Bitcoin component of their respective base compensation arrangements was eliminated. Previously, each of Mr. Les and Mr. Yi received an annual base salary of $600,000 plus 10 Bitcoin”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states that Executive Chairman Benjamin Yi's base salary rose from $600,000 to $900,000 and that the Bitcoin component of his base compensation was eliminated.
Confirmed in the source:
- Benjamin Yi's annual base salary increased from $600,000 to $900,000
- The Bitcoin component of Benjamin Yi's base compensation was eliminated
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000110465926000248/riot-20251231x8k.htm) in full (15,572 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 8-K filed 2026-01-02
Quote: “The annual base salary for each of Mr. Les and Mr. Yi increased from $600,000 to $900,000 and the Bitcoin component of their respective base compensation arrangements was eliminated. Previously, each of Mr. Les and Mr. Yi received an annual base salary of $600,000 plus 10 Bitcoin”
confirms Riot 10-Q filed 2026-04-30
Quote: “Amended and Restated Executive Employment Agreement, by and between the Company and Benjamin Yi, dated as of January 1, 2026.”
confirms Riot DEF 14A filed 2026-04-30
Quote: “Yi’s compensation for his services as our Executive Chairman is $900,000 as annual base salary, paid in cash.”