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Stock impact report

Riot Purchases 18 EH/s and Secures Long-Term Supply of Hash Rate From MicroBT

Riot Blockchain, Inc (RIOT) 
Last riot blockchain, inc earnings: 8/8 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.riotblockchain.com
Company Research Source: GlobeNewswire
Riot places order for 18 EH/s of latest generation MicroBT Bitcoin miners, primarily consisting of the leading-edge M66S model, for $290.5 millionRiot secures purchase options for up to an additional 75 EH/s with a fixed price ceilingAdditional purchase options provide Riot with a path to achieve over 100 EH/s in self-mining capacity CASTLE ROCK, Colo., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or, the “Company”), an industry leader in Bitcoin (BTC) mining and data center hosting, announced today that it has executed a purchase option and updated its long-term purchase agreement (the “Agreement”) with MicroBT Electronics Technology Co., LTD, through its manufacturing subsidiaries, (“MicroBT”) a prominent manufacturer of Bitcoin miners. Under the purchase order, Riot will receive 66,560 latest generation miners from MicroBT, representing a total of 18 EH/s, in addition to the previously announced purchase of 33,280 miners. The expected schedu Show less Read more
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