Riot announces acquisition of Bitcoin miner Block Mining
Riot Platforms announced its acquisition of Block Mining on July 23. The bitcoin miner said the transaction involved $18.5 million in cash and $74 million in Riot common stock. Riot…
Riot Platforms wants to buy Bitfarms for $950 million
Riot Platforms offers $950M to acquire Canadian Bitcoin miner Bitfarms. Bitfarms is facing leadership turmoil amid CEO Geoffrey Morphy’s lawsuit. The merger would create largest publicly listed Bitcoin miner by…
MSTR, COIN, RIOT and other crypto stocks down as Bitcoin dips
MicroStrategy stock was down 10% on Tuesday, while Coinbase and other crypto stocks also dumped. Bitcoin price traded to lows of $60,600 before seeing a slight recovery. MicroStrategy, Coinbase, Riot…
Riot purchases BTC miners worth $290M from MicroBT
Riot has announced its largest hash rate purchase with 18 EH/s supply from MicroBT. The 66,560 latest generation M66S model BTC miners will cost $290.5 million. Riot stock price rose…
Riot, MARA, Argo Blockchain stocks at risk as BTC forms death cross
Bitcoin mining stocks have dropped sharply from their highest levels this year. Bitcoin price is about to form a death cross pattern on the daily chart. The US dollar index…
Riot Platforms stock has another 22% upside: HCW analyst
Riot Platforms reported strong results for its Q1 last week. HCW analyst raised his PT on Riot Platforms stock today. Mike Colonnese explained his bullish view in a research note.…
Riot Blockchain stock receives an upgrade as golden cross nears
Riot Blockchain stock price has done well this year as Bitcoin prices jump. The shares jumped to a high of $10.62 on Wednesday, the highest point since April last year.…