Riot Blockchain chief O'Rourke takes issue with CNBC report; shares down 38% [Seeking Alpha]
Riot Platforms, Inc. (RIOT)
Last riot platforms, inc. earnings: 8/8 04:30 pm
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Source: Seeking Alpha
Riot Blockchain chief O'Rourke takes issue with CNBC report; shares down 38%In astatement, Riot Blockchain (RIOT-37.7%) CEO John O'Rourke calls CNBC's critical report a "negative one-sided piece" that ignores his firm's many accomplishments. To wit:The company entered the blockchain space via its investment in Canadian digital currency exchange Coinsquare, its 12.5% stake currently worth CAD$50M.It now owns 8,000 ASIC cryptocurrency mining machines. When deployed in full, its hashing power will be over 110 Petahash of SHA 256 Bitcoin mining power and 252 Gigahash of Scrypt for Litecoin mining.Letter of intent signed to acquire a CFTC-licensed registrant which will enable the company to launch a digital currency exchange and futures brokerage in the U.S.Registered and acquired 500 bitcoins in the U.S. Marshals Service auction.Acquired a majority interest in telecom-focused blockchain technology solutions provider Tess.Beefed up management team.Mr. O'Rourke explains that he adjourned th
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News
- Reformed Energy, a Waste-to-Energy Company, Secures Strategic Investment from Riot PlatformsPR Newswire
- Thinking about buying stock in SoundHound AI, Eli Lilly, Dell Technologies, NKGen Biotech, or Riot Platforms?PR Newswire
- Riot Announces February 2024 Production and Operations UpdatesGlobeNewswire
- Riot Purchases 31,500 Miners From MicroBT to Enhance and Expand Self-Mining Operations at Its Rockdale FacilityGlobeNewswire
- EIA to temporarily suspend bitcoin miner survey after lawsuit -court document [Reuters]Reuters
RIOT
Earnings
- 11/7/23 - Beat
RIOT
Sec Filings
- 3/19/24 - Form 4
- 3/1/24 - Form 4
- 2/28/24 - Form 144
- RIOT's page on the SEC website