riot
Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain
The largest U.S. public pension fund, CalPERS increased its stake in RIOT Blockchain (RIOT), a Bitcoin mining firm, during Bitcoin’s sensational price surge at the end of 2020.
Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter
Riot Blockchain Inc, one of the few blockchain companies to be listed on the Nasdaq has posted yet a profitable third quarter performance.
Riot Blockchain Sees Growth in Q1 2020 Despite COVID-19 Disruption
Riot Blockchain Inc., one of the few listed public cryptocurrency mining companies in the United States on Nasdaq, reported financial results for Q1 of 2020, which ended on March 31. The company has seen a small growth in its earnings per share during this quarter. Riot Blockchain previously changed its name from Bioptix in 2017 after shifting its focus from biotechnology to Bitcoin mining. The company’s share price skyrocketed to a $38 high in late 2017, which then fell to $110 after Riot was accused of misleading investors by capitalizing on public interest in blockchain to drive up its share price. These claims have been dismissed on the basis that it was not proven that the company’s name was changed to drive up the share price.
Riot Proposes to Acquire Bitfarms for $2.30 Per Share
Riot Platforms proposes acquisition of Bitfarms to create the largest publicly listed Bitcoin miner.
Riot Platforms Reports Decline in May Bitcoin (BTC) Production, Expands Hash Rate
Riot Platforms announces a decrease in May 2024 Bitcoin production but boosts hash rate to 14.7 EH/s.
Riot Platforms Acquires 12% Stake in Bitfarms Ltd., Intends to Propose New Directors
Riot Platforms now holds a 12% stake in Bitfarms Ltd. and plans to nominate new directors to the board.
Bitfarms Responds to Riot Platforms' Alleged Disruption of Strategic Review
Bitfarms addresses Riot Platforms' actions amid its strategic alternatives review.
Bitfarms Implements Shareholder Rights Plan Amid Riot Platforms' Hostile Takeover Attempt
Bitfarms adopts a shareholder rights plan to counter Riot Platforms' takeover attempt and ensure fair value for shareholders.
Riot Platforms Criticizes Bitfarms' Adoption of Poison Pill
Riot Platforms criticizes Bitfarms for adopting a shareholder-unfriendly poison pill plan.
Riot Platforms Acquires 14% Stake in Bitfarms Ltd.
Riot Platforms, Inc. acquires a 14% stake in Bitfarms Ltd., increasing its holdings and planning to influence corporate governance.
Riot Platforms Calls for Special Meeting to Overhaul Bitfarms Board
Riot Platforms, owning 14.9% of Bitfarms, has called for a special meeting to nominate three independent directors, aiming for significant changes in Bitfarms' governance.
Bitfarms (BITF) Faces Shareholder Meeting Requisition from Riot Platforms
Bitfarms receives a requisition from Riot Platforms for a shareholder meeting to gain control of its Board of Directors, according to GlobeNewswire.
Riot Platforms Unveils Campaign Website Targeting Bitfarms Board Overhaul
Riot Platforms has launched a new website, www.ABetterBitfarms.com, as part of its efforts to reconstitute the Bitfarms Board of Directors.
Riot Platforms (RIOT) Reports June 2024 Bitcoin Production and Hash Rate Achievements
Riot Platforms (RIOT) exceeds Q2 2024 target with 22.0 EH/s hash rate, producing 255 BTC in June 2024. CEO highlights significant milestones.
Bitfarms (BITF) Schedules Special Shareholder Meeting Amid Riot Platforms Dispute
Bitfarms Ltd. has scheduled a special shareholder meeting for October 29, 2024, in response to a requisition by Riot Platforms. Shareholders of record as of September 26 are eligible to vote.
Riot Platforms (RIOT) Schedules Q2 2024 Earnings Call for July 31
Riot Platforms, Inc. announces its Q2 2024 earnings call, set for July 31, 2024. The call will discuss the company's financial results for the quarter.
Ontario Capital Markets Tribunal Terminates Bitfarms’ Poison Pill at Riot's Request
Riot Platforms successfully convinces the Ontario Capital Markets Tribunal to terminate Bitfarms' Poison Pill, aimed at protecting shareholder rights.
Riot Platforms Acquires Block Mining to Boost Capacity to 2 Gigawatts
Riot Platforms, Inc. has acquired Block Mining, Inc., significantly expanding its operational and power capacity in the Bitcoin mining sector.
Riot Platforms Acquires 16.9% Stake in Bitfarms Ltd.
Riot Platforms, Inc. reports a significant stake increase to 16.9% in Bitfarms Ltd., aiming to influence the company's board composition.
Riot Platforms Reports 370 Bitcoin Production in July 2024 and Kentucky Expansion
Riot Platforms announces a 45% increase in Bitcoin production and its expansion into Kentucky, enhancing its mining capacity.
Riot Platforms Reports Q2 2024 Financials with $70M Revenue and 22 EH/s Hash Rate
Riot Platforms announced Q2 2024 results with $70M in revenue and a hash rate of 22 EH/s, despite the Bitcoin halving event.
Riot Platforms Increases Stake in Bitfarms to 18.9%
Riot Platforms, Inc. has announced an increase in its ownership of Bitfarms Ltd., now holding 18.9% of the company's common shares.
Riot Platforms Urges Bitfarms Shareholders to Elect New Directors at Upcoming Meeting
Riot Platforms calls for Bitfarms shareholders to vote for new board members to improve governance ahead of a crucial special meeting.
Riot Platforms Reports August 2024 Bitcoin (BTC) Production and Operational Highlights
Riot Platforms announced the production of 322 Bitcoin (BTC) in August 2024 and surpassed 10,000 Bitcoin held, detailing significant operational updates.
Bitfarms Addresses Riot's Misleading Claims Amid Acquisition Talks
Bitfarms responds to Riot's claims, emphasizing its commitment to shareholder value and strategic acquisitions.
Bitfarms (BITF) Reschedules Special Shareholders Meeting Amid Riot Engagement
Bitfarms reschedules its special shareholders meeting to November 6, 2024, to address Riot's amended requisition. The meeting will be held in-person.
Riot Platforms Announces Settlement Agreement with Bitfarms, Board Changes Enacted
Riot Platforms and Bitfarms Ltd. reach a settlement agreement, resulting in board changes and withdrawal of a shareholder meeting requisition.
Bitfarms and Riot Platforms Reach Settlement Agreement
Bitfarms Ltd. and Riot Platforms Inc. announce a settlement agreement ahead of the Special Meeting of Bitfarms Shareholders, with significant changes to the Board of Directors.
Riot Mined 6,626 Bitcoin, Clinching Record $281M Revenues in 2023
Riot Platforms saw a $280.7 million revenue boost in 2023, attributed to increased Bitcoin production, higher average prices, a strong balance sheet, and enhanced hash rate capacity.
Riot Blockchain Generates $79.8m Revenue with YoY Increase of 244%
Riot Blockchain's first-quarter earnings from 2022 showed a new record of total revenue for the quarter. It was up 244% year-over-year to $79.8 million, and its bitcoin production increased year-over-year in the first quarter of 2022 by 186% to 1,405 BTC.
Riot Blockchain Mines 318 BTCs, Decreased 28% Compared Last July
Colorado-based bitcoin mining company Riot Blockchain Inc. announced that it produced 318 BTC in July, a decrease of about 28 % from 443 BTC in July last year.
Riot Platforms Bolsters Hash Rate with a $97.4M Purchase of MicroBT Miners
Riot Platforms invests $97.4 million in state-of-the-art mining hardware from MicroBT to scale up efficiency and capacity at its Rockdale mining facility.
Riot Blockchain Mined 508 BTCs, Increased 150% in April
The production growth is attributed to Riot Blockchain’s continued investment resources in its plants and advanced mining chips.
New England Revolution Teams Up with Chain as Official Blockchain and Web3 Sponsor
The National Football League (NFL) New England Patriots, and New England Revolution have chosen blockchain infrastructure company Chain as their official blockchain and Web3 sponsor, and said the partnership will go into effect.
Riot Platforms' Major Expansion: Acquiring 66,560 Bitcoin Mining Rigs from MicroBT
Riot Platforms acquires 66,560 Bitcoin mining rigs from MicroBT, worth $290.5 million, strengthening its position in the cryptocurrency industry, potentially impacting Bitcoin mining dynamics post-halving.
Riot Acquires Next-Gen Miners from MicroBT, Boosting Mining Capacity
Riot has made a groundbreaking move by entering into a long-term purchase agreement with MicroBT. This landmark deal involves the acquisition of 33,280 state-of-the-art Bitcoin miners manufactured in the United States by MicroBT.
Riot Blockchain Hires Nomura M&A Banker Jason Chung as Corporate Development Head
Riot Blockchain has appointed a new head to lead the corporate development affairs with his proven experience in strategy and M&A.
Riot Blockchain Yearly Bitcoin Production Increases by 236%, Accumulates $194M in BTC
NASDAQ-listed blockchain mining company Riot Blockchain announced the production capacity of BTC in September has increased by about 346% year-on-year to 406 BTC.
French Man Who Paid $500,000 In Bitcoin to Activists Involved in US Capitol Hill Riot Leaves Behind A Suicide Note
A Frenchman, who paid more than $500,000 In Bitcoin to Trump supporters left behind a scathing suicide note justifying his health difficulties.
JPMorgan to Launch Investment “Basket” Tied to 11 Crypto-Focused Firms including MicroStrategy, Square, and Nvidia
JPMorgan has filed a request with the Securities and Exchange Commission to approve a debt instrument linked to 11 firms that have all invested in Bitcoin and other cryptocurrencies.
Facebook Blocks President Trump from Its Platform as Protestors Storm Capitol Hill
Facebook’s CEO Mark Zuckerberg announced Trump will now be blocked from using the social media platform.
US Lawmakers Question Tron Founder Justin Sun and DLive CEO on Extremist Content Following Capitol Riots
Two U.S. lawmakers have questioned Tron founder Justin Sun and DLive CEO Charles Wayn in the wake of the Capital riots—asking them how they moderate extremist content.
Janet Yellen says Crypto Terrorist Financing is a Concern Following Attacks on US Capitol
Janet Yellen highlighted the “growing concern” of crypto being leveraged to finance terror just weeks after the US Capitol was attacked by domestic terrorists paid in BTC.
Bitcoin Price Sinks Below Critical Level as Joe Biden Officially Inaugurated as 46th US President, What's Next for BTC?
Bitcoin has been losing steam and struggling to clear the $35,000 level, for a second straight day.
Grayscale Investments Parent Company DCG Invests $100 Million Into Bitcoin Mining
Grayscale parent company DCG has announced its entry into Bitcoin mining.
US Awaits Recession While Bitcoin Becomes the Last Resort
The trade-war worries affected the financial markets on Wednesday, while stocks and commodities tumbled in Europe and the United States. Equities declined more than 1% in the United States after the S&P 500 Index fell 2.93%, the NASDAQ shed 3%, and the Dow Jones tumbled over 3%.