News with the tag "Riot Blockchain"

Anyone paying attention to public bitcoin miner markets will know that artificial intelligence (AI) and business pivots to high performance compute (HPC) are all the rage among bitcoin miners. What started as a gradual trend last year has suddenly become a business strategy that many leading public ...

D.E. Shaw has acquired a stake in bitcoin mining firm Riot Platforms and may push for strategic changes, Reuters reported, citing sources familiar with the matter. The size of the hedge fund’s position remains undisclosed , and both Riot and D.E. Shaw declined to comment. This marks the second activ...

A Riot Platforms exec accuses Ripple of lobbying against the Strategic Bitcoin Reserve to protect its XRP narrative and promote state-controlled digital currencies. Pierre Rochard, a vice president at Riot Platforms , has accused Ripple of leading a major lobbying effort to derail the Strategic Bitc...

Bitcoin mining firms are turning to billions in fresh funding as high energy prices squeeze profits. Facing soaring energy costs, Bitcoin ( BTC ) miners in the U.S. are building war chests worth billions as competition for resources intensifies and profitability following Bitcoin’s latest halving re...

Riot Platforms, Inc. shared its December 2024 production update. The company mined 516 Bitcoin in December, a 4% increase from November. Riot Platforms achieved a 4% monthly production increase and completed the first phase of its Corsicana Facility while holding…

Major Bitcoin miner Riot Platforms added $69 million worth of the world’s leading cryptocurrency to its holdings.

Riot Platforms has added to its growing Bitcoin holdings after the crypto miner and infrastructure provider scooped 5,117 more BTC for $510 million. The Colorado-based Bitcoin ( BTC ) mining company announced the fresh acquisitions on Dec. 13, noting that the purchase follows its $525 million conver...

Bitcoin infrastructure firm Riot Platforms proposed issuing debt securities to fund BTC buys and finance “general corporate purposes.” Riot Platforms announced plans to offer $500 million in convertible senior notes through a private offering to accredited institutional buyers. Investors will also h...

Riot Platforms reported a 23% increase in total Bitcoin mined in October. The Bitcoin (BTC) mining and digital infrastructure firm, whose operation is one of the largest in the industry, announced on Nov. 4 that it mined 505 BTC in…

Bitcoin mining company Riot stocks are predicted to make a comeback after experiencing a 28.96% decline in year-to-date. Its shares are on an upward trend in anticipation of the company’s Q3 2024 earnings report on Oct. 30. According to data…