News with the tag "Riot Platforms"

In a significant development for the cryptocurrency mining industry, Riot Platforms has unveiled a non-binding term sheet to acquire key assets from digital asset technology firm Rhodium. This strategic move, as reported by PR Newswire, signals a major expansion for Riot’s data center operations and...

In the ever-evolving world of cryptocurrency, where digital assets are reshaping finance, Bitcoin mining remains a cornerstone of the ecosystem. Leading the charge in this dynamic sector, Riot Platforms, a prominent U.S.-based Bitcoin mining company, has just announced a significant milestone. Febru...

Hold onto your hats, crypto enthusiasts! The latest financial report from Bitcoin mining giant, Riot Platforms, is making waves. If you’re tracking Bitcoin investments and the performance of major players in the crypto space, this news is a must-read. Buckle up as we delve into the details of Riot P...

Riot Platforms, North America’s biggest Bitcoin miner platform, is making big moves by adding three new members to its board to help steer its expansion into AI and high-performance computing (HPC). Bitcoin Miner Grows Board Directors According to reports , former CEO Eryn Leverton joined the board ...

Bitcoin mining firm Riot Platforms has welcomed three new board members with expertise in artificial intelligence (AI), high-performance computing (HPC), and data center management, signaling a potential shift in strategy. The appointments come as Bitcoin miners explore alternative revenue streams f...

Bitcoin miner Riot Platforms is exploring revenue diversification into artificial intelligence (AI) and high-performance computing (HPC), joining the growing trend of miners adapting their infrastructure for AI applications as Bitcoin network transactions hit a 12-month low. On February 13, Riot Pla...

Bitcoin (BTC) miner Riot Platforms appointed three new directors to its board as it explores potential opportunities in artificial intelligence (AI) and high-performance computing (HPC). The additions include Michael Turner, former president of Oxford Properties and global head of real estate at OME...

Coinbase stands as the largest publicly traded blockchain company, with a market cap of $71.2 billion as of February 8, 2025. This figure places it far ahead of its closest competitor, Galaxy Digital, which holds a market cap of just $6.7 billion – making Coinbase more than ten times larger. Further...

Riot Platforms (RIOT) mined 527 Bitcoin (BTC) in January, marking its highest monthly production since December 2023 and reflecting a 2% increase from the previous month, according to Farside data. However, the broader bitcoin mining sector reported underwhelming production figures, with most major ...

Bitcoin miner Riot Platforms (RIOT) finds itself a target of a second activist investor, with Reuters reporting investment management giant D.E. Shaw as having taken an unspecified stake. The move by D.E. Shaw, which manages $70 billion in assets, comes just weeks after another activist investor, St...