1Bitcoiner.com on Nostr: 24 Jul 24 - 📈 Riot Platforms acquired Kentucky-based Block Mining for $92.5M, ...
24 Jul 24 - 📈 Riot Platforms acquired Kentucky-based Block Mining for $92.5M, adding 60 MW of capacity. Riot plans to expand Block Mining to 110 MW by 2024, bringing total potential power to 2 GW. The deal was paid with $18.5M cash and $74M in stock. Riot's shares fell 5.31% Tuesday.
Published at
2024-07-24 06:13:10Event JSON
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"content": "24 Jul 24 - 📈 Riot Platforms acquired Kentucky-based Block Mining for $92.5M, adding 60 MW of capacity. Riot plans to expand Block Mining to 110 MW by 2024, bringing total potential power to 2 GW. The deal was paid with $18.5M cash and $74M in stock. Riot's shares fell 5.31% Tuesday.",
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