The Tell: Riot Blockchain’s stock jumps as company set to acquire digital-currency exchange [MarketWatch]
Riot Platforms, Inc. (RIOT)
Last riot platforms, inc. earnings: 8/8 04:30 pm
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Source: MarketWatch
Riot Blockchain’s stock jumps as company set to acquire digital-currency exchange Shares in Castle Rock, Colo.-based Riot Blockchain Inc. soared by about 20% in Wednesday after the company announced a deal to acquire Logical Brokerage Corp., a Miami-based cryptocurrency trading firm. The company, which last October changed its name from Biopix Inc. and shifted its business focus to digital assets from biotech, said the deal will help them focus on digital currency trading. It didn’t announce terms of the transaction. “We have identified a substantial market need for additional options to serve a growing customer desire to transact in digital currencies within the U.S.,” John O’Rourke, chairman and CEO of Riot Blockchain said in a statement. Shares in Riot Blockchain RIOT, +21.63% have had a volatile few months trading above $38 a share in December 2017, before falling back below $11 a share in January. The company’s shares were most recently at $15.52m up 20%, in Wednesday morning
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News
- Riot Announces First Quarter 2024 Earnings Conference CallGlobeNewswire
- Riot Energizes New Corsicana Facility in Navarro County, TexasGlobeNewswire
- Riot Announces March 2024 Production and Operations UpdatesGlobeNewswire
- 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
Earnings
- 11/7/23 - Beat
RIOT
Sec Filings
- 4/18/24 - Form 8-K
- 4/16/24 - Form PRE
- 3/19/24 - Form 4
- RIOT's page on the SEC website