This is a routine administrative change of custodian with no financial or operational implications. Monitor future 10-K for the full text of the agreement, but no near-term trading catalyst is present.
Price Chart
Executive Summary
Riot Platforms entered into a custodial services agreement with BitGo Bank & Trust to replace NYDIG Trust as its digital asset and cash custodian. The transfer of assets is administrative in nature and involves no change in Riot's operational strategy or financial position.
Key Facts
- Riot entered a BitGo Custodial Services Agreement with BitGo Bank & Trust on October 7, 2026, amended October 14, 2026.
- BitGo Bank & Trust will serve as custodian for Riot's digital assets and cash, replacing NYDIG Trust.
- Digital assets and cash held by NYDIG Trust will be transferred to BitGo Bank & Trust; the prior custody agreement terminates upon completion.
- The Custody Agreement has an initial term of one year with automatic renewal, and Riot may terminate early on 14 days' notice without penalty.
- BitGo Bank & Trust's liability is capped at fees paid in the six months preceding a claim, with exceptions for fraud, willful misconduct, and gross negligence.
Financial Impact
No financial impact — the filing discloses a routine change of custodian for digital assets and cash with no material financial terms or changes to Riot's balance sheet.
Risk Factors
- No material risks identified from this filing — the agreement is standard custodial services with liability caps.
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-115855 |
| Document: 0001104659-26-115855-index.html | 0001104659-26-115855 |
| Document: 0001104659-26-115855.txt | 0001104659-26-115855 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 6d ago | Institutional Cluster | $12.89 $12.53 | ▲ +2.79% | ▲ +2.27% | $13.56 (−5.20%) |
Oct 20, 2026 7d ago | Press Release | $14.02 $12.89 | ▼ −8.06% | ▼ −6.88% | $13.56 (−3.28%) |
Oct 14, 2026 13d ago | 8-K | $15.50 $13.72 | ▼ −11.48% | ▼ −10.38% | $13.56 (−12.52%) |
Sep 25, 2026 4w ago | 8-K | $21.62 $21.39 | ▼ −1.06% | ▼ −0.88% | $13.56 (−37.28%) |
Aug 14, 2026 10w ago | 8-K | $20.04 $18.91 | ▼ −5.64% | ▼ −4.96% | $13.56 (−32.34%) |
Aug 10, 2026 11w ago | 8-K | $20.24 $20.32 | ▲ +0.40% | ▲ +0.14% | $13.56 (−33.00%) |
Aug 10, 2026 11w ago | Press Release | $20.24 $20.32 | ▲ +0.40% | ▲ +0.14% | $13.56 (−33.00%) |
Aug 9, 2026 11w ago | Press Release | $19.40 $20.24 | ▲ +4.33% | ▲ +4.65% | $13.56 (−30.10%) |
Aug 4, 2026 12w ago | Press Release | $21.50 $21.21 | ▼ −1.35% | ▼ −1.19% | $13.56 (−36.93%) |
Jun 24, 2026 17w ago | Insider Cluster | $27.76 $28.57 | ▲ +2.92% | ▲ +3.64% | $13.56 (−51.15%) |
US Market Status
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