Riot Blockchain Inc. (RIOT) News
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RIOT News Highlights
- For RIOT, its 30 day story count is now at 30.
- Over the past 26 days, the trend for RIOT's stories per day has been choppy and unclear. It has oscillated between 1 and 5.
- AMC, ROCK and GME are the most mentioned tickers in articles about RIOT.
Latest RIOT News From Around the Web
Below are the latest news stories about Riot Blockchain Inc that investors may wish to consider to help them evaluate RIOT as an investment opportunity.
With gains of 1,259% to 2,801%, these billion-dollar stocks have been unstoppable since early October.
Riot Blockchain Inc (NASDAQ: RIOT) agreed to acquire Whinstone US, Inc, including its assets and operations from Northern Data AG (OTC: NDTAF). The purchase price included $80 million cash plus a fixed 11.8 million Riot stock, equivalent to $651 million based on Riot’s last closing price of $48.37. Whinstone is the owner and operator of North America’s major Bitcoin hosting facility, with 300 MW in developed capacity and a long-term power purchase agreement. Whinstone’s facility can be expanded by an additional 450 MW. The acquisition will diversify Riot’s revenues, consolidate Riot’s position in the Bitcoin mining and hosting business, and create material financial and operational synergies. Northern Data will still own a 12% stake in Riot under the arrangement. Riot held $235 million ...
Combination of leading US-based Bitcoin miner with owner and operator of America’s largest Bitcoin hosting facility will create leading US-based corporate pillar in support of the Bitcoin mining network Whinestone Facility Castle Rock, CO, April 08, 2021 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) ("Riot”, “Riot Blockchain” or the “Company") announced today that it has signed a definitive agreement pursuant to which Riot will acquire Whinstone US, Inc. (“Whinstone”), including all of its assets and operations, for consideration of $80 million cash plus a fixed 11.8 million shares of Riot common stock, equal to an implied total transaction value of approximately $651 million based on Riot’s last closing price of $48.37. Whinstone is the owner and operator of North America’s ...
Riot Blockchain ([[RIOT]] -2.4%) continues adding to its bitcoin mining fleet with contracts to buy 42,000 S19j Antminers for $138.5M from Bitmain Technologies.That's estimated to bring its bitcoin mining has rate to 7.7 exashash per second once fully deployed, representing a 93% increase over the company's previously estimated committed hash rate capacity...
Bitcoin (CRYPTO: BTC), the world's most valuable cryptocurrency by market cap, hit its lowest price in over a week on Wednesday. Among those are companies that mine Bitcoin. For perspective, the price of Bitcoin is up roughly eight times from where it was this time last year, and it has almost doubled so far in 2021.
Investors need to pay close attention to Riot Blockchain (RIOT) stock based on the movements in the options market lately.
Here we discuss four stocks -- Marathon (MARA), Riot Blockchain (RIOT), NVIDIA (NVDA) and Microsoft (MSFT) -- that are well-poised to gain from the opportunities presented by bitcoin and blockchain.
Riot Blockchain Announces Milestone Purchase Order of 42,000 S19j Antminers, Growing Total Hash Rate to 7.7 EH/s Upon 2022 Deployment
Riot executes on order for 42,000 S19j Antminers from Bitmain for $138.5 million, adding an estimated 3.7 EH/s to Riot’s existing and planned fleet of miners, representing a significant milestone in Riot’s strategic growth plan Castle Rock, CO, April 07, 2021 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) ("Riot”, “Riot Blockchain” or the “Company"), one of the leading Nasdaq-listed Bitcoin mining companies in the United States, today announced a large-scale contract for the purchase of 42,000 S19j Antminers for USD $138.5 million from Bitmain Technologies Limited (“Bitmain”). This purchase agreement represents a significant step forward in Riot’s strategic initiative to increase its Bitcoin mining hash rate, which is now estimated to reach 7.7 exahash per second (EH/s) once f...
Riot Blockchain (RIOT) has promoted Megan Brooks as COO, she was previously Riot's VP of Finance and will continue managing Riot's mining operations, which have grown significantly under her purview.Ryan Werner appointed as VP Finance to further expand the depth of Riot's finance department, most recently supported the finance function of a NYSE-listed REIT.Phil...
Is (RIOT) Outperforming Other Business Services Stocks This Year?