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Block Mining contingent purchase price

Company: Riot

Subject kind
acquisition
Statement date
2025-12-30
Promised by
2025-12-31
Promised amount
32500000.0 USD
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

Later filings restate the earn-out terms and show a $6.2 million fair value at March 31, 2026. None states whether the milestones were met or how much was earned.

“As of March 31, 2026, the Block Mining Acquisition contingent consideration had an estimated fair value of $ 6.2 million recognized on the Condensed Consolidated Balance Sheets”
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

Under the terms of the contingent purchase price for the Block Mining acquisition, the sellers may earn up to an additional $32.5 million if certain milestones are reached by December 31, 2025

Source (primary)

Riot 424B5 filed 2025-12-31 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “Under the terms of the contingent purchase price, the sellers may earn up to an additional $32.5 million if certain previously agreed upon milestones are reached by December 31, 2025”

How we checked this

Checked on October 10, 2026. The cited source supports every part of this claim.

The filing states that the sellers may earn up to an additional $32.5 million if agreed milestones are reached by December 31, 2025.

Confirmed in the source:

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: “Under the terms of the contingent purchase price, the sellers may earn up to an additional $32.5 million if certain previously agreed upon milestones are reached by December 31, 2025”

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

Record of changes

September 2, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 3, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.