secwatch.observer — SEC 8-K summary
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Issuer:     Riot Platforms, Inc. (RIOT)
CIK:        0001167419
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0001558370-24-016217
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Riot acquires 5,117 Bitcoin for $510M; total holdings reach 16,728
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- Acquired ~5,117 BTC between Dec 10-12, 2024 for ~$510M at avg price ~$99,669/BTC.
- Total Bitcoin holdings increased to 16,728 as of December 12, 2024.
- Purchases funded by proceeds from 0.75% convertible senior notes due 2030 and cash.
- Announcement made via Item 8.01 8-K filed December 13, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1167419/000155837024016217/0001558370-24-016217-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1167419/000155837024016217/riot-20241213x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-016217

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