Tagged: riot platforms

Bitcoin Mining Firm Riot Platforms Shares Latest Business Update

Riot Platforms, Inc. (NASDAQ: RIOT), an industry participant supporting vertically integrated Bitcoin mining, reported financial results for the three-month period ended June 30, 2024. Jason Les, CEO of Riot said: “I am extremely pleased to present results for Riot’s second quarter 2024, during which we… Read More

Bitcoin Mining Firm Riot Proposes to Acquire Bitfarms to Create Largest Publicly Listed BTC Miner

Riot Platforms, Inc. (NASDAQ: RIOT) announced that it has made a proposal to the Bitfarms Board of Directors to acquire all of the outstanding shares of Bitfarms Ltd. (NASDAQ: BITF) at a price of US$2.30 per Bitfarms common share. Riot also announced that it has… Read More

Bitcoin Mining Firm Riot Platforms Reports Steady Growth of Operations

Riot Platforms, Inc. (NASDAQ: RIOT), an industry participant focused on vertically integrated Bitcoin mining, reported financial results for the three-month period ended March 31, 2024. Jason Les, CEO of Riot, said: “I am excited to present results for Riot for the first quarter of 2024,… Read More

Bitcoin (BTC) Mining focused Riot Platforms Successfully Energizes the Substation at Firm’s Corsicana Facility

Riot Platforms, Inc. (NASDAQ: RIOT), an industry enabler of  vertically integrated Bitcoin (BTC) mining, announced that it has successfully energized the substation at the Company’s Corsicana Facility. Jason Les, CEO of Riot said: “Two years ago, we purchased 265 acres of land in Navarro County,… Read More

Bitcoin Mining Firm Riot Acquires 31,500 BTC Miners from MicroBT to Enhance Operations at Rockdale Facility

Riot Platforms, Inc. (NASDAQ: RIOT), an industry enabler of vertically integrated Bitcoin (BTC) mining, announced that it has entered into a new purchase agreement with Shenzhen MicroBT Electronics Technology Co., LTD, “through its manufacturing subsidiaries, (MicroBT) a prominent manufacturer of Bitcoin miners.” Under the Agreement,… Read More

Texas Blockchain Council, Riot Platforms Initiate Legal Proceedings Against US Dept of Energy’s Energy Information Administration

The Texas Blockchain Council (TBC) alongside one of its members, Riot Platforms, initiated legal proceedings against the U.S. Department of Energy’s Energy Information Administration (EIA), challenging “an alleged unprecedented and illegal data collection demand against the bitcoin mining industry.” This legal action underscores the TBC’s… Read More

Bitcoin Mining Firm Riot Platforms, an Enabler of Vertically Integrated BTC Miners, Shares Latest Peformance Updates

Riot Platforms, Inc. (NASDAQ: RIOT), an industry enabler of vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023. The audited financial statements are available on Riot’s website and here. Jason Les, CEO of Riot, said: “I am pleased… Read More

Bitcoin Mining and Data Center Provider Riot Acquires 18 EH/s and Secures Long-Term Supply of Hash Rate from MicroBT

Riot Platforms, Inc. (NASDAQ: RIOT), an firm focused on Bitcoin (BTC) mining and data center hosting, announced that it has executed a purchase option and updated its long-term purchase agreement with MicroBT Electronics Technology Co., LTD, “through its manufacturing subsidiaries, a prominent manufacturer of Bitcoin… Read More

Bitcoin Mining: Riot Platforms Issues Statement in Response to Inquiries Regarding Power Strategy After August Update

Riot Platforms, Inc. (NASDAQ: RIOT), a firm focused on Bitcoin mining and data center hosting, issued a statement in response to recent inquiries regarding its power strategy following its August monthly operations update. In particular, “on September 6, 2023, CNBC published a story titled Texas… Read More

Bitcoin (BTC) Mining Firm Riot Platforms Releases Latest Financial Results

Riot Platforms, Inc. (NASDAQ: RIOT), which claims to be an industry leader in Bitcoin (BTC) mining and data center hosting, reported financial results for the three-month period ended June 30, 2023. The unaudited financial statements and accompanying presentation materials are available on Riot’s official website…. Read More

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