Riot Sells 475 Bitcoin While MicroStrategy Makes Another $180 Million Purchase

Riot Platforms shifted its strategy by selling Bitcoin to sustain growth, while Strategy's aggressive BTC acquisitions amid losses raise alarms about the firm’s sustainability. The post Riot Sells 475 Bitcoin While MicroStrategy Makes Another $180 Million Purchase appeared first on BeInCrypto.

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Riot Platforms bolsters Bitcoin reserves with $510 million purchase

Riot Platforms, a leading Bitcoin mining company, has acquired 5,113 BTC for $510 million. According to a Dec. 13 post on the social media platform X (formerly Twitter), the company said the Bitcoin was bought at an average price of $99,669 per BTC, including fees and related expenses.

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Riot Platforms completes $525M offering to buy Bitcoin

Riot completes a $525M offering to bolster Bitcoin acquisitions and operations, holding 12,000 Bitcoin, valued at $1.2B. The post Riot Platforms completes $525M offering to buy Bitcoin appeared first on Crypto Briefing.

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Riot Platforms acquire $68m of Bitcoin after senior notes offer

Bitcoin infrastructure firm Riot Platforms has acquired millions of dollars of Bitcoin in the past few hours. This action was followed after the company announced a senior notes offer. According to Arkham Intelligence data on Dec. 11, Riot Platforms acquired…

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Riot pads Bitcoin trove with $500m note sale

Bitcoin infrastructure firm Riot Platforms proposed issuing debt securities to fund BTC buys and finance “general corporate purposes.”

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Bitcoin miners fall in October with only Riot, Galaxy, Core Scientific posting gains

Bitcoin mining stocks have showed mixed results this October, with many falling more than Bitcoin, which has also recorded a modest 4. 5% drop so far. Ticker Sept. 30 ($) Oct. 10 ($) Gain/Loss (%) Company Name RIOT 7.

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Bitcoin mining analyst sees significant organic growth opportunities for Riot stock

Bitcoin miner Riot Platforms’ stock is a buy due to its significant organic growth opportunities, H.C. Wainwright analyst Mike Colonnese said in a note. The Riot Platforms stock is down 34% year-to-date amid a broader correction for Bitcoin (BTC) and…

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Bitcoin mining stocks MARA and RIOT are rising: beware of an earnings shocker

Bitcoin mining stocks like Marathon Digital and Riot Platforms rose by over 4% on Monday as cryptocurrencies bounced back.   Bitcoin price made a bullish breakout Marathon Digital (MARA) shares rose to $22.

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Riot increases Bitcoin production by 27%

Bitcoin miner Riot has unveiled its financial results for Q2 2023, reporting a total revenue of $76.7 million. The results highlight the company’s resilience in a fluctuating market, with a 27% increase in Bitcoin production contributing significantly to its success.…

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Riot Platforms stock price is defying gravity as Bitcoin sleeps

Riot Platform’s share price has surged to the highest point since April 2022. This rally is happening as Bitcoin remains at $30,000. Riot Platforms stock price has made a bullish breakout even as Bitcoin remains in a deep consolidation phase.

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Texas Senate Committee Hears Testimony On Bill That Would Ban Certain Energy Arrangements With Bitcoin Miners

Pierre Rochard, VP of research at Riot Platforms testified yesterday that Bitcoin is a net positive for the state.

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Riot Blockchain dumps New York, moving its miners to Texas

Bitcoin miner Riot Blockchain, among the largest in the US bitcoin mining space, is moving its miners from New York to Texas. The move comes as the Bitcoin miner looks to cut costs associated with having its mining rigs hosted at a third party site, Riot said in an update.

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I’m a believer in the long-term utility of Bitcoin (BTC) – Riot Blockchain’s CEO

Riot Blockchain Inc. has announced the acquisition of America’s Bitcoin mining facility, Whinstone US. Based on the announcement, the total consideration paid for the acquisition was $80 million in cash and 11.

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Bitcoin Mining Company Riot Blockchain Passes $1B in Market Cap

Riot's value was less than $50 million when it started mining bitcoin three years ago.

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Riot Blockchain to Increase its Hashrate Capacity by 65% with Additional 15,000 Mining Machines

Nasdaq-listed Bitcoin mining firm’s new purchase is a pre-order as Bitmain supplies are sold out until Q3 of 2021. The post Riot Blockchain to Increase its Hashrate Capacity by 65% with Additional 15,000 Mining Machines first appeared on BitcoinExchangeGuide.

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Riot to Test Immersion Cooling Bitcoin Mining Technology in Texas

The firm is looking to improve efficiency in "difficult temperature environments."

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Riot, Marathon, Canaan See Record Monthly Share Gains as Bitcoin Clears All-Time High

Mining companies are soaring as bitcoin hits record highs.

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With share price outpacing Bitcoin, Riot Blockchain appoints new director

The Bitcoin mining giant appoints a new director with a stellar institutional background as stock prices surge.

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Riot Blockchain appoints Hubert Marleau new Director

After releasing Q3 2020 financials that show increased mining revenue and margins, the company announced board-level changes. NASDAQ-listed Riot Blockchain, one of a few publicly-traded companies mining Bitcoin,  recently made changes to its board of directors.

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Bitcoin Miner Riot Blockchain Ends Week Up 50% After Tapping 2-Year Highs

Shares of the mining company surged to $6.60 Friday.

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Riot Blockchain To Hit 2 EH/s in Total Hash Rate with New Purchase of 5,100 S19 Pro Antminers from Bitmain

Riot Blockchain, Inc. continues its commitment to bitcoin mining with the new purchase of 5,100 next generation Bitmain S19 Pro Antminers (110 TH) for USD...

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Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021

Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17. 7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight months starting January 2021.

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Riot Supercharges Mining Ops With 8,000 More Bitmain Rigs as Bitcoin Price Soars

Company executives say Riot Blockchain is on track to become cash flow positive later this year.

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Miner hash rates for Bitcoin miners have increased

Riot Blockchain reported a 250% increase in hash rate per second compared to 2019,...

The post Miner hash rates for Bitcoin miners have increased appeared first on Coin Journal.

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Stocks of Riot Blockchain and Marathon Patent Surge Amidst Bitcoin’s Bullish Movement

Riot Blockchain (NASDAQ: RIOT) and Marathon Patent Group (NASDAQ: MARA), two of the very few crypto mining firms listed on the Nasdaq stock exchange are experiencing a significant surge in their share prices as the price of bitcoin (BTC) continues to rally, according to reports on August 10, 2020.

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Riot Blockchain Mined 508 Bitcoin in Q2

Riot reported a current mining capacity of 556 petahash per second.

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Riot Blockchain Mined 227 Bitcoin in Q2

Riot reported a current mining capacity of 556 petahash per second.

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Mining Stocks Are Beating Bitcoin in a Bullish Cryptocurrency Market

Riot and Marathon have rallied 97% and 128% over the past year while bitcoin has gained 3 percent.

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Riot Blockchain to Boost Hash Rate by 45% With 1000 Bitmain S19 Pro Antminers Going Live

Riot Blockchain, a publically listed bitcoin mining farm, has boosted its overall all hash rate output by adding 1000 new S19 Pro Antminers. The addition of new mining machines is expected to increase the firm’s hash rate by 45% and take it to 357 petahashes per second.

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Stock in Crypto Mining Firms Riot and Hive Massively Outperforms Bitcoin

While shares in Riot Blockchain and Hive Blockchain eclipse Bitcoin’s YTD gains, other mining firms have not fared so well — with Canaan crashing nearly 70%.

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“Bitcoin is the peaceful protest,” CZ says as U.S. riot heightens

As the riot and protest in the United States continues, Binance CEO Changpang “CZ” Zhao says Bitcoin is the peaceful version of the protest. He mentioned this in a Twitter post as the protest is currently the trending issue on crypto Twitter.

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Bitcoin Miner Riot Blockchain Racks Up $221 Million Deficit

Despite increasing revenue, Riot Blockchain’s first-quarter financials reveal that the company has relied on equity and debt financing to fund its operations.

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Riot Blockchain increased miner earnings by 70% in Q1 2020

Riot Blockchain saw its Bitcoin mining revenues soar 70% in the first quarter of 2020, the biotech turned-Bitcoin mining firm has revealed In a disclosure filed with the U. S. Securities and Exchanges Commission (SEC), Riot Blockchain has disclosed that its revenue from Bitcoin mining went up 70% in the first quarter of 2020.

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Крупная майнинговая компания рассказала о влиянии коронавируса на бизнес

Специалисты майнинговой компании Riot Blockchain считают, что пандемия коронавируса может негативно отразиться на результатах добычи bitcoin. Своим видением ситуации представители организации поделились в ежегодном отчете, сформированном для Комиссии по ценным бумагам и биржам США (SEC).

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Riot’s Stock Dips 5% as It Focuses on Bitcoin Mining Ahead of Halving

Nasdaq-listed Riot Blockchain plans to sell its new crypto exchange business to focus on Bitcoin mining about three months ahead of the halving event

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Riot Blockchain Plans Sale of Crypto Exchange as It Invests More Millions in Bitcoin Mining

The Nasdaq-listed company is installing thousands of new Antminer devices from Bitmain at its Oklahoma facility.

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Bitmain Supplies 4,000 Antminer S17 Pros to Nasdaq-listed Company

At a time of intense competition in the bitcoin mining space, Nasdaq-listed crypto mining firm, Riot Blockchain, is ramping up operations. The company has purchased over 4,000 Bitmain Antimer S17 Pros for its Oklahoma mining facility in the last month.

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Bitcoin Miner Riot Blockchain Announces Additional 1,000-Rig Purchase

Riot Blockchain completes upgrade to Oklahoma City mining facility with the purchase of an additional 1,000 Antminer S17-Pro machines

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Blockchain Revenues and Crypto Education Surges as Industry Gathers Momentum

Looking beyond short term market peaks and troughs paints an entirely different picture for the crypto industry. Doom merchants and mainstream media will have a riot when bitcoin prices plummet ten percent, but they rarely acknowledge industry interest which can be measured in education.

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Five Keys to Inner Strength From Five Years in Prison

October 1, 2018, marked five years since I was imprisoned. My physical surroundings today are ironically similar to what they were after my arrest back in 2013. I’m in the SHU again (Special Housing Unit, aka “the hole”).

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Key Bullish Technical Signal Predicts Bitcoin Price Is Approaching $12,000

By CCN: The minor bitcoin price rally which Bloomberg initially rejected as an April Fools’ joke has metamorphosized into a laughter riot. The world’s leading cryptocurrency has surged as much as 116.

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Auditor Exposes ‘Weakness’ in Nasdaq-Listed Crypto Stock

Being a crypto company isn’t as easy as it looks. Just ask Riot Blockchain, a Nasdaq-listed company that was previously known as Bioptix. Riot is the subject of an audit in which “material weakness” was discovered in their financial reporting, according to a U.

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Newly Transitioned Bitcoin Mining Company, Riot Blockchain, Posts Over $50 Million Loss In 2018

Riot Blockchain Records $58 Million Loss For 2018 Since the bear market began, several firms across the crypto and Blockchain industry have reported significant losses. However, the section of the industry that seems to have been hit the worst in the mining sector with many firms closing down, letting go of their staff, trying to […]

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Cryptocurrency mining firm posts massive $58M loss

Bitcoin and other cryptocurrencies might have had a good week so far, but it’s not quite enough to make up for this Nasdaq-listed cryptocurrency mining firm‘s 2018 losses. In its 2018 financial report, released yesterday, cryptocurrency mining firm Riot Blockchain posted a $58 million loss.

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Bitcoin’s Mammoth Rally Caused This Nasdaq Stock to Surge 20%

As Bitcoin’s sudden rally higher captures the world’s attention, it is not only the cryptocurrency investment that is racing back into the light. Any company associated with BTC is experiencing a green day, and naturally, Riot Blockchain (RIOT) is no exception.

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Riot Blockchain Plans United States-Based Regulated Cryptocurrency Exchange in Q2 2019

The upcoming regulated cryptocurrency exchange called RiotX will offer three primary services namely banking, a trading engine and a digital wallet. RiotX will initially be available within the United States territory.

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Crypto Exchange Launch Shows Riot Blockchain Still Clings to the Bitcoin Dream

Riot Blockchain, a former biotech firm turned bitcoin-mining company, expects to launch a regulated cryptocurrency exchange by the end of the second quarter of 2019, or June 30. The company is initially investing up to $250,000 to make this roll-out happen.

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In the Daily: Riotx Exchange, Monacoin Hacker, Coinflex Investors

In this edition of The Daily we cover a planned U. S. regulated cryptocurrency exchange from Riot Blockchain, the arrest of a hacker in Japan who allegedly stole 15 million yen of monacoin, and a couple of new investors in Coinflex.

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Mckinsey: Despite Billions of Dollars, Corporate Blockchains Have Achieved Little

During the last 18 months, companies have claimed to be able to use blockchain technology to improve the supply of everything from vegetables to automobiles. An increasing body of evidence, however, suggests that the reality has failed to match the hype.

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