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Riot Blockchain announces completion of the acquisition of mining company Whinstone

Riot Blockchain announces completion of the acquisition of mining company Whinstone

Created 2021/05/28 

Riot Blockchain, a Nasdaq-listed mining company, announced the completion of the acquisition of the mining company Whinstone. The total consideration paid in the transaction was 11.8 million Riot common stocks and US$80 million in cash. Riot CEO Jason Les said that with Whinstone's excellent infrastructure and first-class construction, development, and operation institutions, Riot would be in a highly advantageous position to expand the scale and scope of its operations.


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