Riot Platforms, Inc. acquires Block Mining, Inc. to expand Bitcoin mining operations and power capacity
Riot Platforms, Inc. acquires Block Mining, Inc. to expand Bitcoin mining operations and power capacity
07/23/24, 8:55 PM
Location
kentuckyIndustry
cryptocurrency
mining
blockchain
Riot Platforms, Inc., a leading vertically integrated Bitcoin mining company, has acquired Block Mining, Inc., a Kentucky-based Bitcoin miner, for a total consideration of $92.5 million. With this acquisition, Riot aims to increase its hash rate, expand its geographical footprint, harness additional energy markets, and achieve its growth target of 100 EH/s in Bitcoin mining operations.
Company Info
Related People
New Feature: Generate AI-Powered Emails Instantly!
Use one of the following options:
- Click the AI button next to your contact's email to generate a draft automatically.
- Use Copy to Clipboard to paste the email into your favorite email service.
- Click Send via Webmail to use Gmail or another online client.
Important: If nothing happens when you click, you might not have a default email client set up.