UPDATE: Roth Capital Starts Riot Blockchain (RIOT) at Buy
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Riot Blockchain Announces November Production and Operations Updates
December 2, 2021 4:45 PM ESTCastle Rock, CO, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, announces monthly BTC production and operations updates for November 2021, including a further increase in estimated self-mining hash rate capacity for 2022, updates to the status of miner shipments and deployment, and updates on the 400 megawatts (MW) infrastructure expansion at the Companys Whinstone US, Inc., (Whinstone) facility in Rockdale, Texas (the Whinstone Facility).
Production Updates
In November 2021, Riot produced 466 BTC, an increase of approximately 298% over its... MoreRiot Blockchain Announces November Production and Operations Updates
December 2, 2021 4:45 PM ESTRiot produces 466 Bitcoin in November 2021 and announces a further increase in 2022 targeted hash rate
Castle Rock, CO, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, announces monthly BTC production and operations updates for November 2021, including a further increase in estimated self-mining hash rate capacity for 2022, updates to the status of miner shipments and deployment, and updates on the 400 megawatts (MW) infrastructure expansion at the Companys Whinstone US, Inc., (Whinstone) facility in Rockdale, Texas (the Whinstone Facility).
Production... More
Riot Blockchain Acquires ESS Metron
December 1, 2021 9:22 AM ESTRiots position as a vertically-integrated industry leader in Bitcoin mining significantly enhanced via the acquisition of ESS Metron, a premier provider of highly-engineered electrical equipment solutions
Castle 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... More
Riot Blockchain Acquires ESS Metron
December 1, 2021 9:21 AM ESTCastle 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... More