secwatch.observer — SEC 8-K summary
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Issuer:     Riot Platforms, Inc. (RIOT)
CIK:        0001167419
Form:       8-K
Filed at:   2023-12-06T23:59:59+00:00
Accession:  0001558370-23-019523
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Riot orders 66,560 MicroBT miners for $290.5M, secures options for 265,000 more
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- New purchase order for 66,560 miners (18.02 EH/s); total cost $290.5M; deliveries Apr 2024–Apr 2025.
- MicroBT granted annual purchase options for up to 265,000 additional miners through Dec 2027.
- Riot expects total self-mining hash rate to exceed 38 EH/s by H2 2025, with path above 100 EH/s.
- November 2023: produced 552 Bitcoin (+21% MoM), held 7,358 BTC, deployed hash rate 12.4 EH/s.
- Miners primarily M66S (18.5 J/TH); all manufactured in USA; built for immersion cooling.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1167419/000155837023019523/0001558370-23-019523-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1167419/000155837023019523/riot-20231204x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-019523

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