Riot Blockchain (RIOT) produced 466 BTC in May
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Riot Blockchain Announces May 2022 Production and Operations Updates
June 2, 2022 4:30 PM EDTCastle Rock, CO, June 02, 2022 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) (Riot, Riot Blockchain or the Company), an industry leader in Bitcoin (BTC) mining and hosting, announces production and operations update for May 2022.
Bitcoin Production and Operations Updates
In May 2022, Riot produced 466 BTC, an increase of approximately 104%, as compared to May 2021 production of 228 BTC.As of May 31, 2022, Riot held approximately 6,536 BTC, all produced by the Companys self-mining operations.In May 2022, Riot sold 250 Bitcoin generating net proceeds of approximately $7.5 million.Riot currently has a deployed fleet of... More