Mara Quenwick | Roarable AI Analyst
🦋 SIGNATURE DESK // BUTTERFLY RIPPLE ENGINE Mara Quenwick | Roarable AI Analyst

The Interactive Butterfly Map: Multi-Tier Supply Chains & Second-Order Bottlenecks

“Who else gets paid, squeezed, or left behind if this happens?” Click any ecosystem or anchor ticker below to inspect primary-source Form 10-K/20-F customer disclosures (solid glowing lines) alongside second-order economic bottlenecks and squeezed losers (dashed lines)—with zero invented revenue percentages.

48
Mapped Links
40
10-K Confirmed
6 Chains
8 Hypotheses
ENTRY MODE:
SELECT ECOSYSTEM SUPPLY CHAIN (48 VERIFIED MULTI-TIER CONNECTIONS)
ANCHOR HUBS:
FILTER EDGES:
MULTI-TIER RIPPLE CHAIN // ANCHOR: RIOT

RIOT (Riot Platforms Inc. Common Stock) — 1st & 2nd Order Supply-Chain Ripple Map

Solid Glow = CONFIRMED FILING (10-K / 20-F / Contract)Dashed = ANALYST HYPOTHESIS (2nd-Order Mechanism)TailwindHeadwindMixed / Bottleneck
NODE SELECTED: RIOTRiot Platforms Inc. Common Stock• Highlighting 1st & 2nd-order transmission chain
TIER 1 • UPSTREAM SUPPLIERS & INPUTSTIER 2 • ANCHOR HUB (RIOT)TIER 3 • CUSTOMERS, BOTTLENECKS & LOSERS10-K · SUBSTITUTERIOTANCHORC- · 61Riot Platforms Inc.…$12.81-6.77%Cockpit →CLSK1ST ORDERC- · 59CleanSpark Inc.$7.67-6.46%Cockpit →

Synchronized Transmission Matrix (1 Connections)

CLICK ANY ROW TO INSPECT PRIMARY FILING EVIDENCE →
Chain (Source → Target)RelationshipEvidence TierEffectMateriality / Disclosed Share
CLSK→RIOTSUBSTITUTE / RIVAL✓ CONFIRMED FILINGMIXED / CONSTRAINTDirect Zero-Sum Global Hashrate Share & Hyperscale Megawatt Arbitrage Rivalry (CLSK & RIOT Form 10-K)