Block Mining acquisition
Company: Riot
What the later record shows
Not a promise: a reported event · happened July 23, 2024
The claim reports a completed July 2024 acquisition. The 10-Q XBRL context dates the Block Mining transaction to July 23, 2024.
“0001167419 riot:BlockMiningIncMember 2024-07-23 2024-07-23 0001167419 riot:BlockMiningIncMember 2024-07-23 0001167419 2024-06-30”
2025-07-30 · Riot 10-Q filed 2025-07-31 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
In July 2024, the Company acquired Block Mining, a Kentucky-based vertically-integrated Bitcoin miner, for total consideration of approximately $113.6 million
Source (primary)
Riot 424B5 filed 2025-12-31 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “In July 2024, we acquired Block Mining, a Kentucky-based vertically-integrated Bitcoin miner, for total consideration of approximately $113.6 million”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The prospectus supplement states that Riot acquired Block Mining, a Kentucky-based vertically-integrated Bitcoin miner, in July 2024 for total consideration of approximately $113.6 million.
Confirmed in the source:
- The acquisition of Block Mining occurred in July 2024
- Block Mining is a Kentucky-based vertically-integrated Bitcoin miner
- Total consideration for the acquisition was approximately $113.6 million
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000110465925125315/riot-20251230x424b5.htm) in full (151,163 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 424B5 filed 2025-12-31
Quote: “In July 2024, we acquired Block Mining, a Kentucky-based vertically-integrated Bitcoin miner, for total consideration of approximately $113.6 million”