RIOT · Categories · M&A
RIOT - Mergers and acquisitions
Riot Platforms Inc. (RIOT) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for RIOT
- Riot Announces July 2024 Production and Operations UpdatesRiot Produces 370 Bitcoin in July 2024 and Expands into Kentucky CASTLE ROCK, Colo., Aug. 5, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for July 2024. Bitcoin Production and Operations Updates for July 2024 Comparison (%) Metric July 2024 1 June 2024 1 July 2023 Month/Month Year/Year Bitcoin Produced 370 255 410 45 % -10 % Average Bitcoin Produced per Day 11.9 8.5 13.2 40 % -10 % Bitcoin Held 2 9,704 9,334 7,275 4 % 33 % Bitcoin Sold - - 400 N/A N/A Bitcoin Sales - Net Proceeds - - $12.1 million N/A N/A Average Net Price per Bitco
- Riot Platforms Reports Second Quarter 2024 Financial Results, Current Operational and Financial HighlightsRiot Reports $70.0 million in Total Revenue and Deployed Hash Rate of 22.0 EH/s CASTLE ROCK, Colo., July 31, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, reported financial results for the three-month period ended June 30, 2024. The unaudited financial statements and accompanying presentation materials are available on Riot's website. "I am extremely pleased to present results for Riot's second quarter 2024, during which we accomplished significant operational growth and execution of our long-term strategy," said Jason Les, CEO of Riot. "The second quarter saw the Bitcoin network 'halving' in Ap
- Riot Announces the Acquisition of Block Mining - Expands Riot's Total Potential Power Capacity To 2 GigawattsAcquisition adds 60 Megawatts ("MW") of current operational capacity with the potential to quickly expand to 110 MW this year under existing agreements, and a pipeline to build to over 300 MW in KentuckyTransaction immediately adds 1 EH/s to Riot's existing self-mining hash rate with a potential to add up to a total of 16 EH/s by the end of 2025Expands Riot's operating footprint into Kentucky with an experienced on-the-ground management teamCASTLE ROCK, Colo., July 23, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ:RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, is pleased to announce that it has acquired Block Mining, Inc. ("Block Mining"), a
- Riot Blockchain Acquires ESS MetronCastle Rock, CO, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ:RIOT) ("Riot", "Riot Blockchain" or the "Company") today announced that it has acquired Ferrie Franzmann Industries, LLC (d/b/a ESS Metron) ("ESS Metron"). The total consideration payable in the transaction is valued at approximately $50 million, consisting of up to 715,413 shares of Riot common stock and $25 million in cash, funded with cash on the balance sheet. ESS Metron is a leader with over sixty years of experience in designing and producing highly engineered electrical equipment solutions, many of which are mission-critical to successfully deploying Bitcoin mining operations at scale.Acquisition assis
- Dogecoin Continues To Garner Attention After Tweeting "I Haven't and Won't Sell Any Doge"NEW YORK, June 3, 2021 /PRNewswire/ -- Dogecoin continues to earn significant recognition from Elon Musk as an accepted investment option and payment method after another tweet on May 20th. Naturally, companies from around the world are looking to make their mark in the cryptocurrency space with different innovations and uses for crypto, including using these currencies to pay for their products and services and embracing crypto mining initiatives. Companies such as Hello Pal International Inc. (CSE:HP) (OTCQB:HLLPF), Tesla (NASDAQ:TSLA) Riot Blockchain Inc. (NASDAQ:RIOT), SOS Limited (NYSE:SOS), and Marathon Digital Holdings Inc. (NASDAQ:MARA) have made strides in positioning themselves as