secwatch.observer — SEC 8-K summary
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Issuer:     Riot Platforms, Inc. (RIOT)
CIK:        0001167419
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0001167419-24-000013
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Riot Platforms energizes Corsicana Facility 400 MW substation; targets 31 EH/s by end-2024
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- First batch of miners in Building A1 are hashing; initial 400 MW phase to add 16 EH/s.
- Full buildout of Corsicana Facility to reach 1 GW, expected to be world's largest Bitcoin mining site.
- Total self-mining hash rate capacity target of 31 EH/s by end of 2024.
- Remaining buildings A2, B1, B2 to become operational over next several months, adding 12 EH/s.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1167419/000116741924000013/0001167419-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1167419/000116741924000013/riot-20240418x8k.htm
  HTML page:      https://secwatch.observer/filing/0001167419-24-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer