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AI brief of an SEC Form 8-K · Riot Platforms, Inc. (RIOT)

Riot Platforms signs BitGo custody deal, replacing NYDIG as digital asset custodian

Neutral Impact 3 of 5 product/contract Written later

Riot Platforms entered a custody agreement with BitGo Bank & Trust, which will hold its digital assets and cash, replacing NYDIG Trust Company as custodian. The filing describes segregated accounts, a monthly fee based on average custodied asset value, and a one-year renewable term, but it does not disclose the dollar amount of assets or fees.

Key points

  • Agreement dated October 7, 2026, amended October 14, 2026; NYDIG Trust's custodial agreement terminates when assets transfer to BitGo Bank & Trust
  • Assets to be held in segregated accounts, with the company retaining title; the company pays a monthly fee based on average asset value
  • Initial one-year term with automatic renewal; either party may give 60 days' notice of non-renewal; company may terminate early on 14 days' notice with no termination fee

The filing

CompanyRiot Platforms, Inc. (RIOT)
Form8-K, current report
Filed with the SECOct 14, 2026, 4:30 PM ET
Accession number0001104659-26-115855

Items reported: 1.01 Material Definitive Agreement

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 14, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.