NASDAQ Framework: Riot Platforms Inc.
Bitcoin mining and digital infrastructure company 1.
1: Riot Platforms is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has Bitcoin mining data center operations in central Texas, Bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado. View Source
Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company focuses on a vertically integrated strategy and operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. Riot provides co-location services, critical infrastructure, and workforce for institutional-scale bitcoin mining companies. Additionally, it engages in the design and manufacturing of power distribution equipment and custom engineered electrical products. Riot Platforms has Bitcoin mining operations in central Texas and electrical switchgear engineering and fabrication operations in Denver, Colorado 23.
2: Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity. In addition, the company engages in the design and manufacturing of power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacture, and installation services primarily focused on large-scale commercial, and governmental customers, as well as a range of markets, including data center, power generation, utility, water, industrial, and alternative energy. The company was formerly known as Riot Blockchain, Inc. Riot Platforms, Inc. was incorporated in 1998 and is based in Castle Rock, Colorado. View Source3: Riot Platforms is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has Bitcoin mining data center operations in central Texas, Bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado. View Source
4: Riot Launches www.ABetterBitfarms.com CASTLE ROCK, Colo., July 08, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today launched www.ABetterBitfarms.com in connection with its requisition of a special meeting of shareholders (the "Special Meeting") of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). As disclosed in Riot’s June 24, 2024 press release, Riot has nominated three director nominees (the "Nominees") – John Delaney, Amy Freedman and Ralph Business Wire • 13 days ago RIOT ANNOUNCES JUNE 2024 PRODUCTION AND OPERATIONS UPDATES Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for June 2024. PR Newswire • 18 days ago Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board CASTLE ROCK, Colo., June 24, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today announced that it has requisitioned a special meeting of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") shareholders (the "Special Meeting") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). Riot currently owns approximately 14.9% of Bitfarms, making it Bitfarms’ largest shareholder. Business Wire • 27 days ago Riot Platforms, Inc. Reports Beneficial Ownership of 14% in Bitfarms Ltd. CASTLE ROCK, Colo., June 13, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Comments on Bitfarms’ Adoption of Shareholder-Unfriendly Poison Pill CASTLE ROCK, Colo., June 12, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today commented on the shareholder rights plan (the "Poison Pill") unilaterally adopted by Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms" or the "Company"), which takes immediate effect and effectively prevents any shareholder from acquiring 15% or more of Bitfarms’ common shares without making a formal take-over bid for all of the Company’s shares. The 15% trigger is in direct conflict with established legal and gover Business Wire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 12% in Bitfarms Ltd. CASTLE ROCK, Colo., June 05, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Announces May 2024 Production and Operations Updates Riot Produces 215 Bitcoin in May 2024 and Increases Deployed Hash Rate to 14.7 EH/sCASTLE ROCK, Colo., June 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for May 2024. Bitcoin Production and Operations Updates for May 2024 Comparison (%)MetricMay 20241,2April 20242May 2023Month/MonthYear/YearBitcoin Produced215375676-43%-68%Averag GlobeNewswire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 10% in Bitfarms Ltd. CASTLE ROCK, Colo., May 29, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Proposes to Acquire Bitfarms for US$2.30 Per Share to Create the World’s Largest Publicly Listed Bitcoin Miner CASTLE ROCK, Colo., May 28, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or the "Company") today announced that it has made a proposal to the Bitfarms Board of Directors (the "Bitfarms Board") to acquire all of the outstanding shares of Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms") at a price of US$2.30 per Bitfarms common share (the "Proposal"). Riot also announced that it has accumulated a 9.25% stake in Bitfarms to become Bitfarms’ largest shareholder. Business Wire • last month Riot Announces April 2024 Production and Operations Updates Riot Produces 375 Bitcoin in April 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., May 06, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for April 2024. Bitcoin Production and Operations Updates for April 2024 Comparison (%) Metric April 2024 1March 2024 1April 2023 Month/MonthYear/Year Bitcoin Produced 375425639 -12%-41% GlobeNewswire • 2 months ago Riot Platforms Reports First Quarter 2024 Financial Results, Current Operational and Financial Highlights Riot Reports $79.3 Million in Total Revenue and Successful Energization of New Corsicana Facility CASTLE ROCK, Colo., May 01, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin mining, reported financial results for the three-month period ended March 31, 2024. The unaudited financial statements and accompanying presentation materials are available on Riot’s website. “I am excited to present results for Riot GlobeNewswire • 2 months ago Riot Announces First Quarter 2024 Earnings Conference Call Castle Rock, CO, April 24, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has scheduled its first quarter 2024 earnings conference call for Wednesday, May 1, 2024, at 8:30 A.M. EST. During the call, Riot will discuss the results for the quarter ended March 31, 2024. This conference call will be available through the audio webcast, please use this link here to regis GlobeNewswire • 2 months ago Riot Energizes New Corsicana Facility in Navarro County, Texas Riot Announces Energization of Its New Corsicana Facility, With Miners Now HashingCASTLE ROCK, Colo., April 18, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has successfully energized the substation at the Company’s Corsicana Facility. “Two years ago, we purchased 265 acres of land in Navarro County, Texas, driven by our vision to build the world's largest Bitcoi GlobeNewswire • 3 months ago Riot Announces March 2024 Production and Operations Updates Riot Produces 425 Bitcoin in March 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., April 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for March 2024. Bitcoin Production and Operations Updates for March 2024 Comparison (%) Metric March 20241February 20241March 2023 Month/MonthYear/Year Bitcoin Produced 425418 695 2%-39 GlobeNewswire • 3 months ago Reformed Energy, a Waste-to-Energy Company, Secures Strategic Investment from Riot Platforms Reformed Energy Inc., a Texas corporation, announced today that it has secured a strategic investment from Riot Platforms, Inc. ("Riot"), marking a significant milestone for the company as it seeks to bring its unique plasma gasification technology to full commercialization. PR Newswire • 4 months ago Riot Announces February 2024 Production and Operations Updates Riot Produces 418 Bitcoin in February 2024 and Provides Infrastructure Updates Estimated Hash Rate Growth Estimated Hash Rate Growth 100 MW building, Building A2 Also, during the month, our teams began pouring the foundation for the second 100 MW building, Building A2, which is expected to be completed subsequent to Building A1. 100 MW building, Building A1 During the month of February, the structure for the first 100 MW building, Building A1, was completed and onsite teams made progress on the GlobeNewswire • 4 months ago Riot Purchases 31,500 Miners From MicroBT to Enhance and Expand Self-Mining Operations at Its Rockdale Facility Estimated Hash Rate Growth Estimated Hash Rate Growth Riot strengthens its self-mining operations by purchasing 31,500 WhatsMiner M60S miners from MicroBT. This strategic investment replaces underperforming machines, boosts mining efficiency, and adds additional hash rate capacity at the Rockdale Facility Order is for 31,500 MicroBT miners with a combined total of 5.9 EH/s purchased for $97.4 million, equating to approximately $16.50/THApproximately 14,500 miners in this order will add to self-m GlobeNewswire • 4 months ago Riot Platforms Reports Full Year 2023 Financial Results, Current Operational and Financial Highlights Riot Reports Record Results, with $280.7 Million in Total Revenue, 6,626 Bitcoin Produced, and Record Hash Rate Capacity of 12.4 EH/s Graph Graph CASTLE ROCK, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023. The audited financial statements are available on Riot’s website and here. “I am pleased to announce GlobeNewswire • 4 months ago Riot Announces January 2024 Production and Operations Updates Riot Produces 520 Bitcoin in January 2024 and Updates Bitcoin Sales Strategy Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts (“MW”) of capacity upon completion of this initial phase. Estimated Hash Rate Growth Estimated Hash Rate Growth CASTLE ROCK, Colo., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader GlobeNewswire • 5 months ago Riot Announces December 2023 Production and Operations Updates Riot Produces 619 Bitcoin in December 2023, Bringing Total Bitcoin Produced in 2023 to 6,626 while Significantly Expanding Use of Riot’s Unique Power Strategy During the Year Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts of capacity upon completion of this initial phase. Once fully developed, the Corsicana Facility will have up to 1 gigawatt in total capacity.During D GlobeNewswire • 6 months ago View Source5: Bloomberg•15 days agoBitcoin Miner Bitfarms Names New CEO as Riot Takeover Attempt Heats Up(Bloomberg) -- Bitcoin miner Bitfarms Ltd. appointed a new chief executive officer from within its own ranks as a pressure campaign from spurned suitor Riot Platforms Inc. becomes more pronounced.Most Read from BloombergMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidBiden’s Biggest Donors Left Powerless to Sway Him to End BidZyn Imitators Rush In as Online Sales Halt Worsens US ShortageRich Chinese Return to Hong Kong as Singapore Steps Up ScrutinyBoeing to Plead Guilty toBusiness Wire•15 days agoRiot Launches www.ABetterBitfarms.comCASTLE ROCK, Colo., July 08, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today launched www.ABetterBitfarms.com in connection with its requisition of a special meeting of shareholders (the "Special Meeting") of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). As disclosed in Riot’s June 24, 2024 press release, Riot has nominated three director nominees (the "Nominees") – John Delaney, Amy Freedman and RalphSimply Wall St.•17 days agoCalculating The Intrinsic Value Of Riot Platforms, Inc. (NASDAQ:RIOT)Key Insights Riot Platforms' estimated fair value is US$10.85 based on 2 Stage Free Cash Flow to Equity With US$9.64...PR Newswire•20 days agoRIOT ANNOUNCES JUNE 2024 PRODUCTION AND OPERATIONS UPDATESRiot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for June 2024.Bloomberg•29 days agoRiot Seeks Three Bitfarms Board Seats in Bitcoin Miner Takeover Fight(Bloomberg) -- Riot Platforms Inc. has called for a special meeting of shareholders at Bitfarms Ltd. to vote on three new board nominees as it seeks to take over the rival Bitcoin miner. Most Read from BloombergHow Long Can High Rates Last? Bond Markets Say Maybe ForeverJain Global Raises $5.3 Billion, Secures Cash From Abu DhabiBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Nvidia Sales Grow So Fast That Wall Street Can’t Keep UpTech Hits Stocks as Nvidia Extends Selloff to 13%:Business Wire•29 days agoRiot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms BoardCASTLE ROCK, Colo., June 24, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today announced that it has requisitioned a special meeting of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") shareholders (the "Special Meeting") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). Riot currently owns approximately 14.9% of Bitfarms, making it Bitfarms’ largest shareholder.Business Wire•last monthRiot Platforms, Inc. Reports Beneficial Ownership of 14% in Bitfarms Ltd.CASTLE ROCK, Colo., June 13, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company").Business Wire•last monthRiot Comments on Bitfarms’ Adoption of Shareholder-Unfriendly Poison PillCASTLE ROCK, Colo., June 12, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today commented on the shareholder rights plan (the "Poison Pill") unilaterally adopted by Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms" or the "Company"), which takes immediate effect and effectively prevents any shareholder from acquiring 15% or more of Bitfarms’ common shares without making a formal take-over bid for all of the Company’s shares. The 15% trigger is in direct conflict with established legal and goverInvesting.com•last monthCantor Fitzgerald is bullish on Bitcoin mining sector, starts 7 stocks at buyCrypto miners are facing uncertain times as the recent halving event has altered Bitcoin's economic dynamics. Bitcoin prices have stayed elevated, and with a global network hash rate of roughly 600 EH/s, every publicly traded Bitcoin miner can mine Bitcoin profitably. As such, Bitcoin miners offer an attractive and leveraged approach to investing in Bitcoin, essentially allowing them to mine Bitcoin at a discount to spot prices.Simply Wall St.•2 months agoShareholders May Be Wary Of Increasing Riot Platforms, Inc.'s (NASDAQ:RIOT) CEO Compensation PackageKey Insights Riot Platforms' Annual General Meeting to take place on 12th of June Total pay for CEO Jason Les includes... View Source6: Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity. In addition, the company engages in the design and manufacturing of power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacture, and installation services primarily focused on large-scale commercial, and governmental customers, as well as a range of markets, including data center, power generation, utility, water, industrial, and alternative energy. The company was formerly known as Riot Blockchain, Inc. Riot Platforms, Inc. was incorporated in 1998 and is based in Castle Rock, Colorado. View Source7: Ryan Werner SVP, Chief Accounting Officer at Riot Platforms, Inc. Eddie Klekar, SSH, CSHO Construction/Contractor HSE Manager Benji Pardee Operations Coordinator / Streamlining Operations with High-Performance Habits James Juarez Riot Platforms, Inc. View Source
MEDIUM RISK
Riot Platforms, Inc. has shown significant growth in its Bitcoin mining capacity and has made strategic investments to enhance its operations, such as the purchase of 31,500 miners from MicroBT 8. The company has also reported substantial revenue figures, including $79.3 million in total revenue for the first quarter of 2024 9. However, the company has faced challenges, including a drop in Bitcoin production in recent months 10 and a projected earnings per share (EPS) of -$0.16, reflecting a loss 11. Additionally, Riot's stock is currently rated as a "Sell" by the Zacks Rank system 12, and it holds a high Forward P/E ratio of 41.48, indicating a premium valuation compared to its industry 13. These factors suggest that while Riot Platforms has strong operational capabilities, it also faces financial risks that warrant a medium risk classification.
Riot Platforms, Inc. has shown significant growth in its Bitcoin mining capacity and has made strategic investments to enhance its operations, such as the purchase of 31,500 miners from MicroBT 8. The company has also reported substantial revenue figures, including $79.3 million in total revenue for the first quarter of 2024 9. However, the company has faced challenges, including a drop in Bitcoin production in recent months 10 and a projected earnings per share (EPS) of -$0.16, reflecting a loss 11. Additionally, Riot's stock is currently rated as a "Sell" by the Zacks Rank system 12, and it holds a high Forward P/E ratio of 41.48, indicating a premium valuation compared to its industry 13. These factors suggest that while Riot Platforms has strong operational capabilities, it also faces financial risks that warrant a medium risk classification.
8: Riot Launches www.ABetterBitfarms.com CASTLE ROCK, Colo., July 08, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today launched www.ABetterBitfarms.com in connection with its requisition of a special meeting of shareholders (the "Special Meeting") of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). As disclosed in Riot’s June 24, 2024 press release, Riot has nominated three director nominees (the "Nominees") – John Delaney, Amy Freedman and Ralph Business Wire • 13 days ago RIOT ANNOUNCES JUNE 2024 PRODUCTION AND OPERATIONS UPDATES Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for June 2024. PR Newswire • 18 days ago Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board CASTLE ROCK, Colo., June 24, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today announced that it has requisitioned a special meeting of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") shareholders (the "Special Meeting") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). Riot currently owns approximately 14.9% of Bitfarms, making it Bitfarms’ largest shareholder. Business Wire • 27 days ago Riot Platforms, Inc. Reports Beneficial Ownership of 14% in Bitfarms Ltd. CASTLE ROCK, Colo., June 13, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Comments on Bitfarms’ Adoption of Shareholder-Unfriendly Poison Pill CASTLE ROCK, Colo., June 12, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today commented on the shareholder rights plan (the "Poison Pill") unilaterally adopted by Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms" or the "Company"), which takes immediate effect and effectively prevents any shareholder from acquiring 15% or more of Bitfarms’ common shares without making a formal take-over bid for all of the Company’s shares. The 15% trigger is in direct conflict with established legal and gover Business Wire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 12% in Bitfarms Ltd. CASTLE ROCK, Colo., June 05, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Announces May 2024 Production and Operations Updates Riot Produces 215 Bitcoin in May 2024 and Increases Deployed Hash Rate to 14.7 EH/sCASTLE ROCK, Colo., June 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for May 2024. Bitcoin Production and Operations Updates for May 2024 Comparison (%)MetricMay 20241,2April 20242May 2023Month/MonthYear/YearBitcoin Produced215375676-43%-68%Averag GlobeNewswire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 10% in Bitfarms Ltd. CASTLE ROCK, Colo., May 29, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Proposes to Acquire Bitfarms for US$2.30 Per Share to Create the World’s Largest Publicly Listed Bitcoin Miner CASTLE ROCK, Colo., May 28, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or the "Company") today announced that it has made a proposal to the Bitfarms Board of Directors (the "Bitfarms Board") to acquire all of the outstanding shares of Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms") at a price of US$2.30 per Bitfarms common share (the "Proposal"). Riot also announced that it has accumulated a 9.25% stake in Bitfarms to become Bitfarms’ largest shareholder. Business Wire • last month Riot Announces April 2024 Production and Operations Updates Riot Produces 375 Bitcoin in April 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., May 06, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for April 2024. Bitcoin Production and Operations Updates for April 2024 Comparison (%) Metric April 2024 1March 2024 1April 2023 Month/MonthYear/Year Bitcoin Produced 375425639 -12%-41% GlobeNewswire • 2 months ago Riot Platforms Reports First Quarter 2024 Financial Results, Current Operational and Financial Highlights Riot Reports $79.3 Million in Total Revenue and Successful Energization of New Corsicana Facility CASTLE ROCK, Colo., May 01, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin mining, reported financial results for the three-month period ended March 31, 2024. The unaudited financial statements and accompanying presentation materials are available on Riot’s website. “I am excited to present results for Riot GlobeNewswire • 2 months ago Riot Announces First Quarter 2024 Earnings Conference Call Castle Rock, CO, April 24, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has scheduled its first quarter 2024 earnings conference call for Wednesday, May 1, 2024, at 8:30 A.M. EST. During the call, Riot will discuss the results for the quarter ended March 31, 2024. This conference call will be available through the audio webcast, please use this link here to regis GlobeNewswire • 2 months ago Riot Energizes New Corsicana Facility in Navarro County, Texas Riot Announces Energization of Its New Corsicana Facility, With Miners Now HashingCASTLE ROCK, Colo., April 18, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has successfully energized the substation at the Company’s Corsicana Facility. “Two years ago, we purchased 265 acres of land in Navarro County, Texas, driven by our vision to build the world's largest Bitcoi GlobeNewswire • 3 months ago Riot Announces March 2024 Production and Operations Updates Riot Produces 425 Bitcoin in March 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., April 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for March 2024. Bitcoin Production and Operations Updates for March 2024 Comparison (%) Metric March 20241February 20241March 2023 Month/MonthYear/Year Bitcoin Produced 425418 695 2%-39 GlobeNewswire • 3 months ago Reformed Energy, a Waste-to-Energy Company, Secures Strategic Investment from Riot Platforms Reformed Energy Inc., a Texas corporation, announced today that it has secured a strategic investment from Riot Platforms, Inc. ("Riot"), marking a significant milestone for the company as it seeks to bring its unique plasma gasification technology to full commercialization. PR Newswire • 4 months ago Riot Announces February 2024 Production and Operations Updates Riot Produces 418 Bitcoin in February 2024 and Provides Infrastructure Updates Estimated Hash Rate Growth Estimated Hash Rate Growth 100 MW building, Building A2 Also, during the month, our teams began pouring the foundation for the second 100 MW building, Building A2, which is expected to be completed subsequent to Building A1. 100 MW building, Building A1 During the month of February, the structure for the first 100 MW building, Building A1, was completed and onsite teams made progress on the GlobeNewswire • 4 months ago Riot Purchases 31,500 Miners From MicroBT to Enhance and Expand Self-Mining Operations at Its Rockdale Facility Estimated Hash Rate Growth Estimated Hash Rate Growth Riot strengthens its self-mining operations by purchasing 31,500 WhatsMiner M60S miners from MicroBT. This strategic investment replaces underperforming machines, boosts mining efficiency, and adds additional hash rate capacity at the Rockdale Facility Order is for 31,500 MicroBT miners with a combined total of 5.9 EH/s purchased for $97.4 million, equating to approximately $16.50/THApproximately 14,500 miners in this order will add to self-m GlobeNewswire • 4 months ago Riot Platforms Reports Full Year 2023 Financial Results, Current Operational and Financial Highlights Riot Reports Record Results, with $280.7 Million in Total Revenue, 6,626 Bitcoin Produced, and Record Hash Rate Capacity of 12.4 EH/s Graph Graph CASTLE ROCK, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023. The audited financial statements are available on Riot’s website and here. “I am pleased to announce GlobeNewswire • 4 months ago Riot Announces January 2024 Production and Operations Updates Riot Produces 520 Bitcoin in January 2024 and Updates Bitcoin Sales Strategy Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts (“MW”) of capacity upon completion of this initial phase. Estimated Hash Rate Growth Estimated Hash Rate Growth CASTLE ROCK, Colo., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader GlobeNewswire • 5 months ago Riot Announces December 2023 Production and Operations Updates Riot Produces 619 Bitcoin in December 2023, Bringing Total Bitcoin Produced in 2023 to 6,626 while Significantly Expanding Use of Riot’s Unique Power Strategy During the Year Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts of capacity upon completion of this initial phase. Once fully developed, the Corsicana Facility will have up to 1 gigawatt in total capacity.During D GlobeNewswire • 6 months ago View Source9: Riot Launches www.ABetterBitfarms.com CASTLE ROCK, Colo., July 08, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today launched www.ABetterBitfarms.com in connection with its requisition of a special meeting of shareholders (the "Special Meeting") of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). As disclosed in Riot’s June 24, 2024 press release, Riot has nominated three director nominees (the "Nominees") – John Delaney, Amy Freedman and Ralph Business Wire • 13 days ago RIOT ANNOUNCES JUNE 2024 PRODUCTION AND OPERATIONS UPDATES Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for June 2024. PR Newswire • 18 days ago Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board CASTLE ROCK, Colo., June 24, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today announced that it has requisitioned a special meeting of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") shareholders (the "Special Meeting") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). Riot currently owns approximately 14.9% of Bitfarms, making it Bitfarms’ largest shareholder. Business Wire • 27 days ago Riot Platforms, Inc. Reports Beneficial Ownership of 14% in Bitfarms Ltd. CASTLE ROCK, Colo., June 13, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Comments on Bitfarms’ Adoption of Shareholder-Unfriendly Poison Pill CASTLE ROCK, Colo., June 12, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today commented on the shareholder rights plan (the "Poison Pill") unilaterally adopted by Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms" or the "Company"), which takes immediate effect and effectively prevents any shareholder from acquiring 15% or more of Bitfarms’ common shares without making a formal take-over bid for all of the Company’s shares. The 15% trigger is in direct conflict with established legal and gover Business Wire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 12% in Bitfarms Ltd. CASTLE ROCK, Colo., June 05, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Announces May 2024 Production and Operations Updates Riot Produces 215 Bitcoin in May 2024 and Increases Deployed Hash Rate to 14.7 EH/sCASTLE ROCK, Colo., June 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for May 2024. Bitcoin Production and Operations Updates for May 2024 Comparison (%)MetricMay 20241,2April 20242May 2023Month/MonthYear/YearBitcoin Produced215375676-43%-68%Averag GlobeNewswire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 10% in Bitfarms Ltd. CASTLE ROCK, Colo., May 29, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Proposes to Acquire Bitfarms for US$2.30 Per Share to Create the World’s Largest Publicly Listed Bitcoin Miner CASTLE ROCK, Colo., May 28, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or the "Company") today announced that it has made a proposal to the Bitfarms Board of Directors (the "Bitfarms Board") to acquire all of the outstanding shares of Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms") at a price of US$2.30 per Bitfarms common share (the "Proposal"). Riot also announced that it has accumulated a 9.25% stake in Bitfarms to become Bitfarms’ largest shareholder. Business Wire • last month Riot Announces April 2024 Production and Operations Updates Riot Produces 375 Bitcoin in April 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., May 06, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for April 2024. Bitcoin Production and Operations Updates for April 2024 Comparison (%) Metric April 2024 1March 2024 1April 2023 Month/MonthYear/Year Bitcoin Produced 375425639 -12%-41% GlobeNewswire • 2 months ago Riot Platforms Reports First Quarter 2024 Financial Results, Current Operational and Financial Highlights Riot Reports $79.3 Million in Total Revenue and Successful Energization of New Corsicana Facility CASTLE ROCK, Colo., May 01, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin mining, reported financial results for the three-month period ended March 31, 2024. The unaudited financial statements and accompanying presentation materials are available on Riot’s website. “I am excited to present results for Riot GlobeNewswire • 2 months ago Riot Announces First Quarter 2024 Earnings Conference Call Castle Rock, CO, April 24, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has scheduled its first quarter 2024 earnings conference call for Wednesday, May 1, 2024, at 8:30 A.M. EST. During the call, Riot will discuss the results for the quarter ended March 31, 2024. This conference call will be available through the audio webcast, please use this link here to regis GlobeNewswire • 2 months ago Riot Energizes New Corsicana Facility in Navarro County, Texas Riot Announces Energization of Its New Corsicana Facility, With Miners Now HashingCASTLE ROCK, Colo., April 18, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has successfully energized the substation at the Company’s Corsicana Facility. “Two years ago, we purchased 265 acres of land in Navarro County, Texas, driven by our vision to build the world's largest Bitcoi GlobeNewswire • 3 months ago Riot Announces March 2024 Production and Operations Updates Riot Produces 425 Bitcoin in March 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., April 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for March 2024. Bitcoin Production and Operations Updates for March 2024 Comparison (%) Metric March 20241February 20241March 2023 Month/MonthYear/Year Bitcoin Produced 425418 695 2%-39 GlobeNewswire • 3 months ago Reformed Energy, a Waste-to-Energy Company, Secures Strategic Investment from Riot Platforms Reformed Energy Inc., a Texas corporation, announced today that it has secured a strategic investment from Riot Platforms, Inc. ("Riot"), marking a significant milestone for the company as it seeks to bring its unique plasma gasification technology to full commercialization. PR Newswire • 4 months ago Riot Announces February 2024 Production and Operations Updates Riot Produces 418 Bitcoin in February 2024 and Provides Infrastructure Updates Estimated Hash Rate Growth Estimated Hash Rate Growth 100 MW building, Building A2 Also, during the month, our teams began pouring the foundation for the second 100 MW building, Building A2, which is expected to be completed subsequent to Building A1. 100 MW building, Building A1 During the month of February, the structure for the first 100 MW building, Building A1, was completed and onsite teams made progress on the GlobeNewswire • 4 months ago Riot Purchases 31,500 Miners From MicroBT to Enhance and Expand Self-Mining Operations at Its Rockdale Facility Estimated Hash Rate Growth Estimated Hash Rate Growth Riot strengthens its self-mining operations by purchasing 31,500 WhatsMiner M60S miners from MicroBT. This strategic investment replaces underperforming machines, boosts mining efficiency, and adds additional hash rate capacity at the Rockdale Facility Order is for 31,500 MicroBT miners with a combined total of 5.9 EH/s purchased for $97.4 million, equating to approximately $16.50/THApproximately 14,500 miners in this order will add to self-m GlobeNewswire • 4 months ago Riot Platforms Reports Full Year 2023 Financial Results, Current Operational and Financial Highlights Riot Reports Record Results, with $280.7 Million in Total Revenue, 6,626 Bitcoin Produced, and Record Hash Rate Capacity of 12.4 EH/s Graph Graph CASTLE ROCK, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023. The audited financial statements are available on Riot’s website and here. “I am pleased to announce GlobeNewswire • 4 months ago Riot Announces January 2024 Production and Operations Updates Riot Produces 520 Bitcoin in January 2024 and Updates Bitcoin Sales Strategy Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts (“MW”) of capacity upon completion of this initial phase. Estimated Hash Rate Growth Estimated Hash Rate Growth CASTLE ROCK, Colo., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader GlobeNewswire • 5 months ago Riot Announces December 2023 Production and Operations Updates Riot Produces 619 Bitcoin in December 2023, Bringing Total Bitcoin Produced in 2023 to 6,626 while Significantly Expanding Use of Riot’s Unique Power Strategy During the Year Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts of capacity upon completion of this initial phase. Once fully developed, the Corsicana Facility will have up to 1 gigawatt in total capacity.During D GlobeNewswire • 6 months ago View Source10: Riot Launches www.ABetterBitfarms.com CASTLE ROCK, Colo., July 08, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today launched www.ABetterBitfarms.com in connection with its requisition of a special meeting of shareholders (the "Special Meeting") of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). As disclosed in Riot’s June 24, 2024 press release, Riot has nominated three director nominees (the "Nominees") – John Delaney, Amy Freedman and Ralph Business Wire • 13 days ago RIOT ANNOUNCES JUNE 2024 PRODUCTION AND OPERATIONS UPDATES Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for June 2024. PR Newswire • 18 days ago Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board CASTLE ROCK, Colo., June 24, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today announced that it has requisitioned a special meeting of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") shareholders (the "Special Meeting") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). Riot currently owns approximately 14.9% of Bitfarms, making it Bitfarms’ largest shareholder. Business Wire • 27 days ago Riot Platforms, Inc. Reports Beneficial Ownership of 14% in Bitfarms Ltd. CASTLE ROCK, Colo., June 13, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Comments on Bitfarms’ Adoption of Shareholder-Unfriendly Poison Pill CASTLE ROCK, Colo., June 12, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today commented on the shareholder rights plan (the "Poison Pill") unilaterally adopted by Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms" or the "Company"), which takes immediate effect and effectively prevents any shareholder from acquiring 15% or more of Bitfarms’ common shares without making a formal take-over bid for all of the Company’s shares. The 15% trigger is in direct conflict with established legal and gover Business Wire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 12% in Bitfarms Ltd. CASTLE ROCK, Colo., June 05, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Announces May 2024 Production and Operations Updates Riot Produces 215 Bitcoin in May 2024 and Increases Deployed Hash Rate to 14.7 EH/sCASTLE ROCK, Colo., June 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for May 2024. Bitcoin Production and Operations Updates for May 2024 Comparison (%)MetricMay 20241,2April 20242May 2023Month/MonthYear/YearBitcoin Produced215375676-43%-68%Averag GlobeNewswire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 10% in Bitfarms Ltd. CASTLE ROCK, Colo., May 29, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Proposes to Acquire Bitfarms for US$2.30 Per Share to Create the World’s Largest Publicly Listed Bitcoin Miner CASTLE ROCK, Colo., May 28, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or the "Company") today announced that it has made a proposal to the Bitfarms Board of Directors (the "Bitfarms Board") to acquire all of the outstanding shares of Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms") at a price of US$2.30 per Bitfarms common share (the "Proposal"). Riot also announced that it has accumulated a 9.25% stake in Bitfarms to become Bitfarms’ largest shareholder. Business Wire • last month Riot Announces April 2024 Production and Operations Updates Riot Produces 375 Bitcoin in April 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., May 06, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for April 2024. Bitcoin Production and Operations Updates for April 2024 Comparison (%) Metric April 2024 1March 2024 1April 2023 Month/MonthYear/Year Bitcoin Produced 375425639 -12%-41% GlobeNewswire • 2 months ago Riot Platforms Reports First Quarter 2024 Financial Results, Current Operational and Financial Highlights Riot Reports $79.3 Million in Total Revenue and Successful Energization of New Corsicana Facility CASTLE ROCK, Colo., May 01, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin mining, reported financial results for the three-month period ended March 31, 2024. The unaudited financial statements and accompanying presentation materials are available on Riot’s website. “I am excited to present results for Riot GlobeNewswire • 2 months ago Riot Announces First Quarter 2024 Earnings Conference Call Castle Rock, CO, April 24, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has scheduled its first quarter 2024 earnings conference call for Wednesday, May 1, 2024, at 8:30 A.M. EST. During the call, Riot will discuss the results for the quarter ended March 31, 2024. This conference call will be available through the audio webcast, please use this link here to regis GlobeNewswire • 2 months ago Riot Energizes New Corsicana Facility in Navarro County, Texas Riot Announces Energization of Its New Corsicana Facility, With Miners Now HashingCASTLE ROCK, Colo., April 18, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has successfully energized the substation at the Company’s Corsicana Facility. “Two years ago, we purchased 265 acres of land in Navarro County, Texas, driven by our vision to build the world's largest Bitcoi GlobeNewswire • 3 months ago Riot Announces March 2024 Production and Operations Updates Riot Produces 425 Bitcoin in March 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., April 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for March 2024. Bitcoin Production and Operations Updates for March 2024 Comparison (%) Metric March 20241February 20241March 2023 Month/MonthYear/Year Bitcoin Produced 425418 695 2%-39 GlobeNewswire • 3 months ago Reformed Energy, a Waste-to-Energy Company, Secures Strategic Investment from Riot Platforms Reformed Energy Inc., a Texas corporation, announced today that it has secured a strategic investment from Riot Platforms, Inc. ("Riot"), marking a significant milestone for the company as it seeks to bring its unique plasma gasification technology to full commercialization. PR Newswire • 4 months ago Riot Announces February 2024 Production and Operations Updates Riot Produces 418 Bitcoin in February 2024 and Provides Infrastructure Updates Estimated Hash Rate Growth Estimated Hash Rate Growth 100 MW building, Building A2 Also, during the month, our teams began pouring the foundation for the second 100 MW building, Building A2, which is expected to be completed subsequent to Building A1. 100 MW building, Building A1 During the month of February, the structure for the first 100 MW building, Building A1, was completed and onsite teams made progress on the GlobeNewswire • 4 months ago Riot Purchases 31,500 Miners From MicroBT to Enhance and Expand Self-Mining Operations at Its Rockdale Facility Estimated Hash Rate Growth Estimated Hash Rate Growth Riot strengthens its self-mining operations by purchasing 31,500 WhatsMiner M60S miners from MicroBT. This strategic investment replaces underperforming machines, boosts mining efficiency, and adds additional hash rate capacity at the Rockdale Facility Order is for 31,500 MicroBT miners with a combined total of 5.9 EH/s purchased for $97.4 million, equating to approximately $16.50/THApproximately 14,500 miners in this order will add to self-m GlobeNewswire • 4 months ago Riot Platforms Reports Full Year 2023 Financial Results, Current Operational and Financial Highlights Riot Reports Record Results, with $280.7 Million in Total Revenue, 6,626 Bitcoin Produced, and Record Hash Rate Capacity of 12.4 EH/s Graph Graph CASTLE ROCK, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023. The audited financial statements are available on Riot’s website and here. “I am pleased to announce GlobeNewswire • 4 months ago Riot Announces January 2024 Production and Operations Updates Riot Produces 520 Bitcoin in January 2024 and Updates Bitcoin Sales Strategy Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts (“MW”) of capacity upon completion of this initial phase. Estimated Hash Rate Growth Estimated Hash Rate Growth CASTLE ROCK, Colo., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader GlobeNewswire • 5 months ago Riot Announces December 2023 Production and Operations Updates Riot Produces 619 Bitcoin in December 2023, Bringing Total Bitcoin Produced in 2023 to 6,626 while Significantly Expanding Use of Riot’s Unique Power Strategy During the Year Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts of capacity upon completion of this initial phase. Once fully developed, the Corsicana Facility will have up to 1 gigawatt in total capacity.During D GlobeNewswire • 6 months ago View Source11: Analysts and investors alike will be keeping a close eye on the performance of Riot Platforms, Inc. in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be -$0.16, reflecting a 5.88% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $71.08 million, showing a 7.38% drop compared to the year-ago quarter. View Source12: The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Riot Platforms, Inc. is currently sporting a Zacks Rank of #4 (Sell). View Source13: Looking at its valuation, Riot Platforms, Inc. is holding a Forward P/E ratio of 41.48. This indicates a premium in contrast to its industry's Forward P/E of 23.07. View Source
14: Riot Launches www.ABetterBitfarms.com CASTLE ROCK, Colo., July 08, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today launched www.ABetterBitfarms.com in connection with its requisition of a special meeting of shareholders (the "Special Meeting") of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). As disclosed in Riot’s June 24, 2024 press release, Riot has nominated three director nominees (the "Nominees") – John Delaney, Amy Freedman and Ralph Business Wire • 13 days ago RIOT ANNOUNCES JUNE 2024 PRODUCTION AND OPERATIONS UPDATES Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for June 2024. PR Newswire • 18 days ago Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board CASTLE ROCK, Colo., June 24, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today announced that it has requisitioned a special meeting of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") shareholders (the "Special Meeting") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). Riot currently owns approximately 14.9% of Bitfarms, making it Bitfarms’ largest shareholder. Business Wire • 27 days ago Riot Platforms, Inc. Reports Beneficial Ownership of 14% in Bitfarms Ltd. CASTLE ROCK, Colo., June 13, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Comments on Bitfarms’ Adoption of Shareholder-Unfriendly Poison Pill CASTLE ROCK, Colo., June 12, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today commented on the shareholder rights plan (the "Poison Pill") unilaterally adopted by Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms" or the "Company"), which takes immediate effect and effectively prevents any shareholder from acquiring 15% or more of Bitfarms’ common shares without making a formal take-over bid for all of the Company’s shares. The 15% trigger is in direct conflict with established legal and gover Business Wire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 12% in Bitfarms Ltd. CASTLE ROCK, Colo., June 05, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Announces May 2024 Production and Operations Updates Riot Produces 215 Bitcoin in May 2024 and Increases Deployed Hash Rate to 14.7 EH/sCASTLE ROCK, Colo., June 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for May 2024. Bitcoin Production and Operations Updates for May 2024 Comparison (%)MetricMay 20241,2April 20242May 2023Month/MonthYear/YearBitcoin Produced215375676-43%-68%Averag GlobeNewswire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 10% in Bitfarms Ltd. CASTLE ROCK, Colo., May 29, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Proposes to Acquire Bitfarms for US$2.30 Per Share to Create the World’s Largest Publicly Listed Bitcoin Miner CASTLE ROCK, Colo., May 28, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or the "Company") today announced that it has made a proposal to the Bitfarms Board of Directors (the "Bitfarms Board") to acquire all of the outstanding shares of Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms") at a price of US$2.30 per Bitfarms common share (the "Proposal"). Riot also announced that it has accumulated a 9.25% stake in Bitfarms to become Bitfarms’ largest shareholder. Business Wire • last month Riot Announces April 2024 Production and Operations Updates Riot Produces 375 Bitcoin in April 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., May 06, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for April 2024. Bitcoin Production and Operations Updates for April 2024 Comparison (%) Metric April 2024 1March 2024 1April 2023 Month/MonthYear/Year Bitcoin Produced 375425639 -12%-41% GlobeNewswire • 2 months ago Riot Platforms Reports First Quarter 2024 Financial Results, Current Operational and Financial Highlights Riot Reports $79.3 Million in Total Revenue and Successful Energization of New Corsicana Facility CASTLE ROCK, Colo., May 01, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin mining, reported financial results for the three-month period ended March 31, 2024. The unaudited financial statements and accompanying presentation materials are available on Riot’s website. “I am excited to present results for Riot GlobeNewswire • 2 months ago Riot Announces First Quarter 2024 Earnings Conference Call Castle Rock, CO, April 24, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has scheduled its first quarter 2024 earnings conference call for Wednesday, May 1, 2024, at 8:30 A.M. EST. During the call, Riot will discuss the results for the quarter ended March 31, 2024. This conference call will be available through the audio webcast, please use this link here to regis GlobeNewswire • 2 months ago Riot Energizes New Corsicana Facility in Navarro County, Texas Riot Announces Energization of Its New Corsicana Facility, With Miners Now HashingCASTLE ROCK, Colo., April 18, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has successfully energized the substation at the Company’s Corsicana Facility. “Two years ago, we purchased 265 acres of land in Navarro County, Texas, driven by our vision to build the world's largest Bitcoi GlobeNewswire • 3 months ago Riot Announces March 2024 Production and Operations Updates Riot Produces 425 Bitcoin in March 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., April 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for March 2024. Bitcoin Production and Operations Updates for March 2024 Comparison (%) Metric March 20241February 20241March 2023 Month/MonthYear/Year Bitcoin Produced 425418 695 2%-39 GlobeNewswire • 3 months ago Reformed Energy, a Waste-to-Energy Company, Secures Strategic Investment from Riot Platforms Reformed Energy Inc., a Texas corporation, announced today that it has secured a strategic investment from Riot Platforms, Inc. ("Riot"), marking a significant milestone for the company as it seeks to bring its unique plasma gasification technology to full commercialization. PR Newswire • 4 months ago Riot Announces February 2024 Production and Operations Updates Riot Produces 418 Bitcoin in February 2024 and Provides Infrastructure Updates Estimated Hash Rate Growth Estimated Hash Rate Growth 100 MW building, Building A2 Also, during the month, our teams began pouring the foundation for the second 100 MW building, Building A2, which is expected to be completed subsequent to Building A1. 100 MW building, Building A1 During the month of February, the structure for the first 100 MW building, Building A1, was completed and onsite teams made progress on the GlobeNewswire • 4 months ago Riot Purchases 31,500 Miners From MicroBT to Enhance and Expand Self-Mining Operations at Its Rockdale Facility Estimated Hash Rate Growth Estimated Hash Rate Growth Riot strengthens its self-mining operations by purchasing 31,500 WhatsMiner M60S miners from MicroBT. This strategic investment replaces underperforming machines, boosts mining efficiency, and adds additional hash rate capacity at the Rockdale Facility Order is for 31,500 MicroBT miners with a combined total of 5.9 EH/s purchased for $97.4 million, equating to approximately $16.50/THApproximately 14,500 miners in this order will add to self-m GlobeNewswire • 4 months ago Riot Platforms Reports Full Year 2023 Financial Results, Current Operational and Financial Highlights Riot Reports Record Results, with $280.7 Million in Total Revenue, 6,626 Bitcoin Produced, and Record Hash Rate Capacity of 12.4 EH/s Graph Graph CASTLE ROCK, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023. The audited financial statements are available on Riot’s website and here. “I am pleased to announce GlobeNewswire • 4 months ago Riot Announces January 2024 Production and Operations Updates Riot Produces 520 Bitcoin in January 2024 and Updates Bitcoin Sales Strategy Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts (“MW”) of capacity upon completion of this initial phase. Estimated Hash Rate Growth Estimated Hash Rate Growth CASTLE ROCK, Colo., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader GlobeNewswire • 5 months ago Riot Announces December 2023 Production and Operations Updates Riot Produces 619 Bitcoin in December 2023, Bringing Total Bitcoin Produced in 2023 to 6,626 while Significantly Expanding Use of Riot’s Unique Power Strategy During the Year Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts of capacity upon completion of this initial phase. Once fully developed, the Corsicana Facility will have up to 1 gigawatt in total capacity.During D GlobeNewswire • 6 months ago View Source15: Riot Platforms, Inc. 19,683 followers 2w Report this post Riot Reaches 22.0 EH/s in Deployed Hash Rate, Exceeding Q2 2024 Target, and Produces 255 Bitcoin in June 2024. "June was a historic month for Riot, during which we added an additional 7.3 EH/s to our hash rate capacity in Buildings A1 and A2 at our Corsicana Facility and by utilizing additional available capacity at our Rockdale Facility, bringing total capacity to 22.0 EH/s," said Jason Les, CEO of Riot. "This unprecedented achievement is a reflection of the incredible team and expertise at Riot, and I'm extremely proud to announce that this rapid deployment means that Riot has exceeded our previously announced hash rate goal for Q2 2024 of 21.4 EH/s. All miners deployed were latest generation MicroBT miners and the final energization of these miners primarily took place in the last several days of the month, positioning us for greater efficiency and productivity in the months ahead." Read the full press release here: https://lnkd.in/ganMF8u6 RIOT ANNOUNCES JUNE 2024 PRODUCTION AND OPERATIONS UPDATES https://www.riotplatforms.com 76 1 Comment Like Comment Share Riot Platforms, Inc. 19,683 followers 3d Report this post Only 7 days until the world's largest Bitcoin conference! Don't miss the chance to meet the Riot team at booth #803 - See you there! 🤠 60 1 Comment Like Comment Share Riot Platforms, Inc. 19,683 followers 5d Report this post June 2024 Production and Operations Updates: ✅ Bitcoin Produced: 255 ✅ Average Bitcoin Produced per Day: 8.5 ✅ Deployed Hash Rate: 22.0 EH/s ✅ Total Power Credits: $6.2 million Building A1: energized, resulting in completion of the first 100 MW building in Corsicana. Building A2: nearly completed with nearly all immersion tanks and miners in the building now operational. Building B1: on schedule with the building structure now fully erected and concrete slab pouring in progress. Installation of immersion tanks has begun and will continue through July. Watch the $Riot Report here: https://lnkd.in/gUdccZvC …see more 73 2 Comments Like Comment Share Riot Platforms, Inc. reposted this Jake Corley Building the Energy Community 6d Report this post "If you're not first, you're last - Ricky Bobby" - Philip McPherson This week me and Justin Ballard sat down with our buddy Phil to talk about how Riot Platforms, Inc. is gunning for the title of the world's largest public Bitcoin miner. Give it a listen 👇 33 3 Comments Like Comment Share Riot Platforms, Inc. reposted this AIM Summit 5,475 followers 1w Report this post We proudly present Riot Platforms, Inc. as a partner of AIM Summit Dubai 2024! Riot’s (NASDAQ: RIOT) vision is to be the world’s leading Bitcoin-driven infrastructure platform. Their mission is to positively impact the sectors, networks, and communities that they touch. They believe that the combination of an innovative spirit and strong community partnership allows the Company to achieve best-in-class execution and create successful outcomes. Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has Bitcoin mining operations in central Texas and electrical switchgear engineering and fabrication operations in Denver, Colorado. Apply to attend - https://lnkd.in/dxagb78n #alternativeinvestments #aimsummitdubai #riot …see more 34 Like Comment Share Riot Platforms, Inc. 19,683 followers 1w Report this post Hashing forward ⚡️ 🚀 153 3 Comments Like Comment Share Riot Platforms, Inc. 19,683 followers 1w Report this post Riot Launches www.ABetterBitfarms.com Website Will Allow Shareholders to Learn More About Bitfarms’ Broken Corporate Governance, the Need for Urgent Board Change and Riot’s Three Highly Qualified, Independent Director Nominees. Read the full press release here: https://lnkd.in/gRSwG7_A Riot Launches www.ABetterBitfarms.com https://www.riotplatforms.com 43 1 Comment Like Comment Share Riot Platforms, Inc. 19,683 followers 2w Report this post Celebrating independence, liberty, and freedom. Happy Fourth of July from Team Riot! 🇺🇸 54 Like Comment Share Riot Platforms, Inc. 19,683 followers 2w Report this post Riot deployed 7.3 EH/s in June, achieving a 50% increase in hash rate within just one month! 🔌⚡️ With 22 EH/s now operational, Team $Riot remains focused on reaching its year-end target of 31.5 EH/s. Stay tuned for more updates: https://lnkd.in/g5HHBHFA …see more 84 2 Comments Like Comment Share Riot Platforms, Inc. 19,683 followers 3w Report this post Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board. - New Independent Directors Are Necessary to Fix Bitfarms’ Broken Corporate Governance and to Oversee a Fair Strategic Alternatives Process. - Riot Urges the Bitfarms Board to Ensure Shareholders Are Heard by Holding the Special Meeting Without Delay. - Riot Withdraws Previous Proposal to Acquire Bitfarms for US$2.30 Per Share; Stands Ready to Engage with Reconstituted Bitfarms Board Regarding a Potential Transaction. Read the full press release here: https://lnkd.in/gs5gGbj7 Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board https://www.riotplatforms.com 51 Like Comment Share View Source16: Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity. In addition, the company engages in the design and manufacturing of power distribution equipment and custom engineered electrical products; and electricity distribution product design, manufacture, and installation services primarily focused on large-scale commercial, and governmental customers, as well as a range of markets, including data center, power generation, utility, water, industrial, and alternative energy. The company was formerly known as Riot Blockchain, Inc. Riot Platforms, Inc. was incorporated in 1998 and is based in Castle Rock, Colorado. View Source17: Riot Platforms(NASDAQ: RIOT) became one of the world's largest Bitcoin(CRYPTO: BTC) miners during the past few years, but it's generated disappointing returns for its long-term investors. Riot actually used to be Bioptix, a developer of veterinary products, before it abruptly abandoned that business model (and name) nearly seven years ago. View Source18: Riot Platforms is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has Bitcoin mining data center operations in central Texas, Bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado. View Source
Riot Platforms Inc. has laid out an ambitious product roadmap and expansion strategy for 2024 through 2026, focusing on significantly increasing its Bitcoin mining capacity and enhancing operational efficiency. The company has already achieved a substantial milestone by reaching a deployed hash rate of 22.0 EH/s in June 2024, exceeding its Q2 2024 target 19. Riot plans to continue this momentum by aiming for a year-end target of 31.5 EH/s 20. The expansion includes the development of its Corsicana Facility, which will add 400 megawatts of capacity upon completion of its initial phase and up to 1 gigawatt in total capacity when fully developed 21. Additionally, Riot has made strategic investments, such as purchasing 31,500 miners from MicroBT to replace underperforming machines and boost mining efficiency 22. These initiatives are part of Riot's broader strategy to become the world's largest publicly listed Bitcoin miner 23.
19: Riot Platforms, Inc. 19,683 followers 2w Report this post Riot Reaches 22.0 EH/s in Deployed Hash Rate, Exceeding Q2 2024 Target, and Produces 255 Bitcoin in June 2024. "June was a historic month for Riot, during which we added an additional 7.3 EH/s to our hash rate capacity in Buildings A1 and A2 at our Corsicana Facility and by utilizing additional available capacity at our Rockdale Facility, bringing total capacity to 22.0 EH/s," said Jason Les, CEO of Riot. "This unprecedented achievement is a reflection of the incredible team and expertise at Riot, and I'm extremely proud to announce that this rapid deployment means that Riot has exceeded our previously announced hash rate goal for Q2 2024 of 21.4 EH/s. All miners deployed were latest generation MicroBT miners and the final energization of these miners primarily took place in the last several days of the month, positioning us for greater efficiency and productivity in the months ahead." Read the full press release here: https://lnkd.in/ganMF8u6 RIOT ANNOUNCES JUNE 2024 PRODUCTION AND OPERATIONS UPDATES https://www.riotplatforms.com 76 1 Comment Like Comment Share Riot Platforms, Inc. 19,683 followers 3d Report this post Only 7 days until the world's largest Bitcoin conference! Don't miss the chance to meet the Riot team at booth #803 - See you there! 🤠 60 1 Comment Like Comment Share Riot Platforms, Inc. 19,683 followers 5d Report this post June 2024 Production and Operations Updates: ✅ Bitcoin Produced: 255 ✅ Average Bitcoin Produced per Day: 8.5 ✅ Deployed Hash Rate: 22.0 EH/s ✅ Total Power Credits: $6.2 million Building A1: energized, resulting in completion of the first 100 MW building in Corsicana. Building A2: nearly completed with nearly all immersion tanks and miners in the building now operational. Building B1: on schedule with the building structure now fully erected and concrete slab pouring in progress. Installation of immersion tanks has begun and will continue through July. Watch the $Riot Report here: https://lnkd.in/gUdccZvC …see more 73 2 Comments Like Comment Share Riot Platforms, Inc. reposted this Jake Corley Building the Energy Community 6d Report this post "If you're not first, you're last - Ricky Bobby" - Philip McPherson This week me and Justin Ballard sat down with our buddy Phil to talk about how Riot Platforms, Inc. is gunning for the title of the world's largest public Bitcoin miner. Give it a listen 👇 33 3 Comments Like Comment Share Riot Platforms, Inc. reposted this AIM Summit 5,475 followers 1w Report this post We proudly present Riot Platforms, Inc. as a partner of AIM Summit Dubai 2024! Riot’s (NASDAQ: RIOT) vision is to be the world’s leading Bitcoin-driven infrastructure platform. Their mission is to positively impact the sectors, networks, and communities that they touch. They believe that the combination of an innovative spirit and strong community partnership allows the Company to achieve best-in-class execution and create successful outcomes. Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has Bitcoin mining operations in central Texas and electrical switchgear engineering and fabrication operations in Denver, Colorado. Apply to attend - https://lnkd.in/dxagb78n #alternativeinvestments #aimsummitdubai #riot …see more 34 Like Comment Share Riot Platforms, Inc. 19,683 followers 1w Report this post Hashing forward ⚡️ 🚀 153 3 Comments Like Comment Share Riot Platforms, Inc. 19,683 followers 1w Report this post Riot Launches www.ABetterBitfarms.com Website Will Allow Shareholders to Learn More About Bitfarms’ Broken Corporate Governance, the Need for Urgent Board Change and Riot’s Three Highly Qualified, Independent Director Nominees. Read the full press release here: https://lnkd.in/gRSwG7_A Riot Launches www.ABetterBitfarms.com https://www.riotplatforms.com 43 1 Comment Like Comment Share Riot Platforms, Inc. 19,683 followers 2w Report this post Celebrating independence, liberty, and freedom. Happy Fourth of July from Team Riot! 🇺🇸 54 Like Comment Share Riot Platforms, Inc. 19,683 followers 2w Report this post Riot deployed 7.3 EH/s in June, achieving a 50% increase in hash rate within just one month! 🔌⚡️ With 22 EH/s now operational, Team $Riot remains focused on reaching its year-end target of 31.5 EH/s. Stay tuned for more updates: https://lnkd.in/g5HHBHFA …see more 84 2 Comments Like Comment Share Riot Platforms, Inc. 19,683 followers 3w Report this post Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board. - New Independent Directors Are Necessary to Fix Bitfarms’ Broken Corporate Governance and to Oversee a Fair Strategic Alternatives Process. - Riot Urges the Bitfarms Board to Ensure Shareholders Are Heard by Holding the Special Meeting Without Delay. - Riot Withdraws Previous Proposal to Acquire Bitfarms for US$2.30 Per Share; Stands Ready to Engage with Reconstituted Bitfarms Board Regarding a Potential Transaction. Read the full press release here: https://lnkd.in/gs5gGbj7 Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board https://www.riotplatforms.com 51 Like Comment Share View Source20: Riot Platforms, Inc. 19,683 followers 2w Report this post Riot Reaches 22.0 EH/s in Deployed Hash Rate, Exceeding Q2 2024 Target, and Produces 255 Bitcoin in June 2024. "June was a historic month for Riot, during which we added an additional 7.3 EH/s to our hash rate capacity in Buildings A1 and A2 at our Corsicana Facility and by utilizing additional available capacity at our Rockdale Facility, bringing total capacity to 22.0 EH/s," said Jason Les, CEO of Riot. "This unprecedented achievement is a reflection of the incredible team and expertise at Riot, and I'm extremely proud to announce that this rapid deployment means that Riot has exceeded our previously announced hash rate goal for Q2 2024 of 21.4 EH/s. All miners deployed were latest generation MicroBT miners and the final energization of these miners primarily took place in the last several days of the month, positioning us for greater efficiency and productivity in the months ahead." Read the full press release here: https://lnkd.in/ganMF8u6 RIOT ANNOUNCES JUNE 2024 PRODUCTION AND OPERATIONS UPDATES https://www.riotplatforms.com 76 1 Comment Like Comment Share Riot Platforms, Inc. 19,683 followers 3d Report this post Only 7 days until the world's largest Bitcoin conference! Don't miss the chance to meet the Riot team at booth #803 - See you there! 🤠 60 1 Comment Like Comment Share Riot Platforms, Inc. 19,683 followers 5d Report this post June 2024 Production and Operations Updates: ✅ Bitcoin Produced: 255 ✅ Average Bitcoin Produced per Day: 8.5 ✅ Deployed Hash Rate: 22.0 EH/s ✅ Total Power Credits: $6.2 million Building A1: energized, resulting in completion of the first 100 MW building in Corsicana. Building A2: nearly completed with nearly all immersion tanks and miners in the building now operational. Building B1: on schedule with the building structure now fully erected and concrete slab pouring in progress. Installation of immersion tanks has begun and will continue through July. Watch the $Riot Report here: https://lnkd.in/gUdccZvC …see more 73 2 Comments Like Comment Share Riot Platforms, Inc. reposted this Jake Corley Building the Energy Community 6d Report this post "If you're not first, you're last - Ricky Bobby" - Philip McPherson This week me and Justin Ballard sat down with our buddy Phil to talk about how Riot Platforms, Inc. is gunning for the title of the world's largest public Bitcoin miner. Give it a listen 👇 33 3 Comments Like Comment Share Riot Platforms, Inc. reposted this AIM Summit 5,475 followers 1w Report this post We proudly present Riot Platforms, Inc. as a partner of AIM Summit Dubai 2024! Riot’s (NASDAQ: RIOT) vision is to be the world’s leading Bitcoin-driven infrastructure platform. Their mission is to positively impact the sectors, networks, and communities that they touch. They believe that the combination of an innovative spirit and strong community partnership allows the Company to achieve best-in-class execution and create successful outcomes. Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has Bitcoin mining operations in central Texas and electrical switchgear engineering and fabrication operations in Denver, Colorado. Apply to attend - https://lnkd.in/dxagb78n #alternativeinvestments #aimsummitdubai #riot …see more 34 Like Comment Share Riot Platforms, Inc. 19,683 followers 1w Report this post Hashing forward ⚡️ 🚀 153 3 Comments Like Comment Share Riot Platforms, Inc. 19,683 followers 1w Report this post Riot Launches www.ABetterBitfarms.com Website Will Allow Shareholders to Learn More About Bitfarms’ Broken Corporate Governance, the Need for Urgent Board Change and Riot’s Three Highly Qualified, Independent Director Nominees. Read the full press release here: https://lnkd.in/gRSwG7_A Riot Launches www.ABetterBitfarms.com https://www.riotplatforms.com 43 1 Comment Like Comment Share Riot Platforms, Inc. 19,683 followers 2w Report this post Celebrating independence, liberty, and freedom. Happy Fourth of July from Team Riot! 🇺🇸 54 Like Comment Share Riot Platforms, Inc. 19,683 followers 2w Report this post Riot deployed 7.3 EH/s in June, achieving a 50% increase in hash rate within just one month! 🔌⚡️ With 22 EH/s now operational, Team $Riot remains focused on reaching its year-end target of 31.5 EH/s. Stay tuned for more updates: https://lnkd.in/g5HHBHFA …see more 84 2 Comments Like Comment Share Riot Platforms, Inc. 19,683 followers 3w Report this post Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board. - New Independent Directors Are Necessary to Fix Bitfarms’ Broken Corporate Governance and to Oversee a Fair Strategic Alternatives Process. - Riot Urges the Bitfarms Board to Ensure Shareholders Are Heard by Holding the Special Meeting Without Delay. - Riot Withdraws Previous Proposal to Acquire Bitfarms for US$2.30 Per Share; Stands Ready to Engage with Reconstituted Bitfarms Board Regarding a Potential Transaction. Read the full press release here: https://lnkd.in/gs5gGbj7 Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board https://www.riotplatforms.com 51 Like Comment Share View Source21: Riot Launches www.ABetterBitfarms.com CASTLE ROCK, Colo., July 08, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today launched www.ABetterBitfarms.com in connection with its requisition of a special meeting of shareholders (the "Special Meeting") of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). As disclosed in Riot’s June 24, 2024 press release, Riot has nominated three director nominees (the "Nominees") – John Delaney, Amy Freedman and Ralph Business Wire • 13 days ago RIOT ANNOUNCES JUNE 2024 PRODUCTION AND OPERATIONS UPDATES Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for June 2024. PR Newswire • 18 days ago Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board CASTLE ROCK, Colo., June 24, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today announced that it has requisitioned a special meeting of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") shareholders (the "Special Meeting") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). Riot currently owns approximately 14.9% of Bitfarms, making it Bitfarms’ largest shareholder. Business Wire • 27 days ago Riot Platforms, Inc. Reports Beneficial Ownership of 14% in Bitfarms Ltd. CASTLE ROCK, Colo., June 13, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Comments on Bitfarms’ Adoption of Shareholder-Unfriendly Poison Pill CASTLE ROCK, Colo., June 12, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today commented on the shareholder rights plan (the "Poison Pill") unilaterally adopted by Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms" or the "Company"), which takes immediate effect and effectively prevents any shareholder from acquiring 15% or more of Bitfarms’ common shares without making a formal take-over bid for all of the Company’s shares. The 15% trigger is in direct conflict with established legal and gover Business Wire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 12% in Bitfarms Ltd. CASTLE ROCK, Colo., June 05, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Announces May 2024 Production and Operations Updates Riot Produces 215 Bitcoin in May 2024 and Increases Deployed Hash Rate to 14.7 EH/sCASTLE ROCK, Colo., June 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for May 2024. Bitcoin Production and Operations Updates for May 2024 Comparison (%)MetricMay 20241,2April 20242May 2023Month/MonthYear/YearBitcoin Produced215375676-43%-68%Averag GlobeNewswire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 10% in Bitfarms Ltd. CASTLE ROCK, Colo., May 29, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Proposes to Acquire Bitfarms for US$2.30 Per Share to Create the World’s Largest Publicly Listed Bitcoin Miner CASTLE ROCK, Colo., May 28, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or the "Company") today announced that it has made a proposal to the Bitfarms Board of Directors (the "Bitfarms Board") to acquire all of the outstanding shares of Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms") at a price of US$2.30 per Bitfarms common share (the "Proposal"). Riot also announced that it has accumulated a 9.25% stake in Bitfarms to become Bitfarms’ largest shareholder. Business Wire • last month Riot Announces April 2024 Production and Operations Updates Riot Produces 375 Bitcoin in April 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., May 06, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for April 2024. Bitcoin Production and Operations Updates for April 2024 Comparison (%) Metric April 2024 1March 2024 1April 2023 Month/MonthYear/Year Bitcoin Produced 375425639 -12%-41% GlobeNewswire • 2 months ago Riot Platforms Reports First Quarter 2024 Financial Results, Current Operational and Financial Highlights Riot Reports $79.3 Million in Total Revenue and Successful Energization of New Corsicana Facility CASTLE ROCK, Colo., May 01, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin mining, reported financial results for the three-month period ended March 31, 2024. The unaudited financial statements and accompanying presentation materials are available on Riot’s website. “I am excited to present results for Riot GlobeNewswire • 2 months ago Riot Announces First Quarter 2024 Earnings Conference Call Castle Rock, CO, April 24, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has scheduled its first quarter 2024 earnings conference call for Wednesday, May 1, 2024, at 8:30 A.M. EST. During the call, Riot will discuss the results for the quarter ended March 31, 2024. This conference call will be available through the audio webcast, please use this link here to regis GlobeNewswire • 2 months ago Riot Energizes New Corsicana Facility in Navarro County, Texas Riot Announces Energization of Its New Corsicana Facility, With Miners Now HashingCASTLE ROCK, Colo., April 18, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has successfully energized the substation at the Company’s Corsicana Facility. “Two years ago, we purchased 265 acres of land in Navarro County, Texas, driven by our vision to build the world's largest Bitcoi GlobeNewswire • 3 months ago Riot Announces March 2024 Production and Operations Updates Riot Produces 425 Bitcoin in March 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., April 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for March 2024. Bitcoin Production and Operations Updates for March 2024 Comparison (%) Metric March 20241February 20241March 2023 Month/MonthYear/Year Bitcoin Produced 425418 695 2%-39 GlobeNewswire • 3 months ago Reformed Energy, a Waste-to-Energy Company, Secures Strategic Investment from Riot Platforms Reformed Energy Inc., a Texas corporation, announced today that it has secured a strategic investment from Riot Platforms, Inc. ("Riot"), marking a significant milestone for the company as it seeks to bring its unique plasma gasification technology to full commercialization. PR Newswire • 4 months ago Riot Announces February 2024 Production and Operations Updates Riot Produces 418 Bitcoin in February 2024 and Provides Infrastructure Updates Estimated Hash Rate Growth Estimated Hash Rate Growth 100 MW building, Building A2 Also, during the month, our teams began pouring the foundation for the second 100 MW building, Building A2, which is expected to be completed subsequent to Building A1. 100 MW building, Building A1 During the month of February, the structure for the first 100 MW building, Building A1, was completed and onsite teams made progress on the GlobeNewswire • 4 months ago Riot Purchases 31,500 Miners From MicroBT to Enhance and Expand Self-Mining Operations at Its Rockdale Facility Estimated Hash Rate Growth Estimated Hash Rate Growth Riot strengthens its self-mining operations by purchasing 31,500 WhatsMiner M60S miners from MicroBT. This strategic investment replaces underperforming machines, boosts mining efficiency, and adds additional hash rate capacity at the Rockdale Facility Order is for 31,500 MicroBT miners with a combined total of 5.9 EH/s purchased for $97.4 million, equating to approximately $16.50/THApproximately 14,500 miners in this order will add to self-m GlobeNewswire • 4 months ago Riot Platforms Reports Full Year 2023 Financial Results, Current Operational and Financial Highlights Riot Reports Record Results, with $280.7 Million in Total Revenue, 6,626 Bitcoin Produced, and Record Hash Rate Capacity of 12.4 EH/s Graph Graph CASTLE ROCK, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023. The audited financial statements are available on Riot’s website and here. “I am pleased to announce GlobeNewswire • 4 months ago Riot Announces January 2024 Production and Operations Updates Riot Produces 520 Bitcoin in January 2024 and Updates Bitcoin Sales Strategy Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts (“MW”) of capacity upon completion of this initial phase. Estimated Hash Rate Growth Estimated Hash Rate Growth CASTLE ROCK, Colo., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader GlobeNewswire • 5 months ago Riot Announces December 2023 Production and Operations Updates Riot Produces 619 Bitcoin in December 2023, Bringing Total Bitcoin Produced in 2023 to 6,626 while Significantly Expanding Use of Riot’s Unique Power Strategy During the Year Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts of capacity upon completion of this initial phase. Once fully developed, the Corsicana Facility will have up to 1 gigawatt in total capacity.During D GlobeNewswire • 6 months ago View Source22: Riot Launches www.ABetterBitfarms.com CASTLE ROCK, Colo., July 08, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today launched www.ABetterBitfarms.com in connection with its requisition of a special meeting of shareholders (the "Special Meeting") of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). As disclosed in Riot’s June 24, 2024 press release, Riot has nominated three director nominees (the "Nominees") – John Delaney, Amy Freedman and Ralph Business Wire • 13 days ago RIOT ANNOUNCES JUNE 2024 PRODUCTION AND OPERATIONS UPDATES Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for June 2024. PR Newswire • 18 days ago Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board CASTLE ROCK, Colo., June 24, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today announced that it has requisitioned a special meeting of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") shareholders (the "Special Meeting") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). Riot currently owns approximately 14.9% of Bitfarms, making it Bitfarms’ largest shareholder. Business Wire • 27 days ago Riot Platforms, Inc. Reports Beneficial Ownership of 14% in Bitfarms Ltd. CASTLE ROCK, Colo., June 13, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Comments on Bitfarms’ Adoption of Shareholder-Unfriendly Poison Pill CASTLE ROCK, Colo., June 12, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today commented on the shareholder rights plan (the "Poison Pill") unilaterally adopted by Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms" or the "Company"), which takes immediate effect and effectively prevents any shareholder from acquiring 15% or more of Bitfarms’ common shares without making a formal take-over bid for all of the Company’s shares. The 15% trigger is in direct conflict with established legal and gover Business Wire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 12% in Bitfarms Ltd. CASTLE ROCK, Colo., June 05, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Announces May 2024 Production and Operations Updates Riot Produces 215 Bitcoin in May 2024 and Increases Deployed Hash Rate to 14.7 EH/sCASTLE ROCK, Colo., June 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for May 2024. Bitcoin Production and Operations Updates for May 2024 Comparison (%)MetricMay 20241,2April 20242May 2023Month/MonthYear/YearBitcoin Produced215375676-43%-68%Averag GlobeNewswire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 10% in Bitfarms Ltd. CASTLE ROCK, Colo., May 29, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Proposes to Acquire Bitfarms for US$2.30 Per Share to Create the World’s Largest Publicly Listed Bitcoin Miner CASTLE ROCK, Colo., May 28, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or the "Company") today announced that it has made a proposal to the Bitfarms Board of Directors (the "Bitfarms Board") to acquire all of the outstanding shares of Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms") at a price of US$2.30 per Bitfarms common share (the "Proposal"). Riot also announced that it has accumulated a 9.25% stake in Bitfarms to become Bitfarms’ largest shareholder. Business Wire • last month Riot Announces April 2024 Production and Operations Updates Riot Produces 375 Bitcoin in April 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., May 06, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for April 2024. Bitcoin Production and Operations Updates for April 2024 Comparison (%) Metric April 2024 1March 2024 1April 2023 Month/MonthYear/Year Bitcoin Produced 375425639 -12%-41% GlobeNewswire • 2 months ago Riot Platforms Reports First Quarter 2024 Financial Results, Current Operational and Financial Highlights Riot Reports $79.3 Million in Total Revenue and Successful Energization of New Corsicana Facility CASTLE ROCK, Colo., May 01, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin mining, reported financial results for the three-month period ended March 31, 2024. The unaudited financial statements and accompanying presentation materials are available on Riot’s website. “I am excited to present results for Riot GlobeNewswire • 2 months ago Riot Announces First Quarter 2024 Earnings Conference Call Castle Rock, CO, April 24, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has scheduled its first quarter 2024 earnings conference call for Wednesday, May 1, 2024, at 8:30 A.M. EST. During the call, Riot will discuss the results for the quarter ended March 31, 2024. This conference call will be available through the audio webcast, please use this link here to regis GlobeNewswire • 2 months ago Riot Energizes New Corsicana Facility in Navarro County, Texas Riot Announces Energization of Its New Corsicana Facility, With Miners Now HashingCASTLE ROCK, Colo., April 18, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has successfully energized the substation at the Company’s Corsicana Facility. “Two years ago, we purchased 265 acres of land in Navarro County, Texas, driven by our vision to build the world's largest Bitcoi GlobeNewswire • 3 months ago Riot Announces March 2024 Production and Operations Updates Riot Produces 425 Bitcoin in March 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., April 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for March 2024. Bitcoin Production and Operations Updates for March 2024 Comparison (%) Metric March 20241February 20241March 2023 Month/MonthYear/Year Bitcoin Produced 425418 695 2%-39 GlobeNewswire • 3 months ago Reformed Energy, a Waste-to-Energy Company, Secures Strategic Investment from Riot Platforms Reformed Energy Inc., a Texas corporation, announced today that it has secured a strategic investment from Riot Platforms, Inc. ("Riot"), marking a significant milestone for the company as it seeks to bring its unique plasma gasification technology to full commercialization. PR Newswire • 4 months ago Riot Announces February 2024 Production and Operations Updates Riot Produces 418 Bitcoin in February 2024 and Provides Infrastructure Updates Estimated Hash Rate Growth Estimated Hash Rate Growth 100 MW building, Building A2 Also, during the month, our teams began pouring the foundation for the second 100 MW building, Building A2, which is expected to be completed subsequent to Building A1. 100 MW building, Building A1 During the month of February, the structure for the first 100 MW building, Building A1, was completed and onsite teams made progress on the GlobeNewswire • 4 months ago Riot Purchases 31,500 Miners From MicroBT to Enhance and Expand Self-Mining Operations at Its Rockdale Facility Estimated Hash Rate Growth Estimated Hash Rate Growth Riot strengthens its self-mining operations by purchasing 31,500 WhatsMiner M60S miners from MicroBT. This strategic investment replaces underperforming machines, boosts mining efficiency, and adds additional hash rate capacity at the Rockdale Facility Order is for 31,500 MicroBT miners with a combined total of 5.9 EH/s purchased for $97.4 million, equating to approximately $16.50/THApproximately 14,500 miners in this order will add to self-m GlobeNewswire • 4 months ago Riot Platforms Reports Full Year 2023 Financial Results, Current Operational and Financial Highlights Riot Reports Record Results, with $280.7 Million in Total Revenue, 6,626 Bitcoin Produced, and Record Hash Rate Capacity of 12.4 EH/s Graph Graph CASTLE ROCK, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023. The audited financial statements are available on Riot’s website and here. “I am pleased to announce GlobeNewswire • 4 months ago Riot Announces January 2024 Production and Operations Updates Riot Produces 520 Bitcoin in January 2024 and Updates Bitcoin Sales Strategy Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts (“MW”) of capacity upon completion of this initial phase. Estimated Hash Rate Growth Estimated Hash Rate Growth CASTLE ROCK, Colo., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader GlobeNewswire • 5 months ago Riot Announces December 2023 Production and Operations Updates Riot Produces 619 Bitcoin in December 2023, Bringing Total Bitcoin Produced in 2023 to 6,626 while Significantly Expanding Use of Riot’s Unique Power Strategy During the Year Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts of capacity upon completion of this initial phase. Once fully developed, the Corsicana Facility will have up to 1 gigawatt in total capacity.During D GlobeNewswire • 6 months ago View Source23: Riot Launches www.ABetterBitfarms.com CASTLE ROCK, Colo., July 08, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today launched www.ABetterBitfarms.com in connection with its requisition of a special meeting of shareholders (the "Special Meeting") of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). As disclosed in Riot’s June 24, 2024 press release, Riot has nominated three director nominees (the "Nominees") – John Delaney, Amy Freedman and Ralph Business Wire • 13 days ago RIOT ANNOUNCES JUNE 2024 PRODUCTION AND OPERATIONS UPDATES Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for June 2024. PR Newswire • 18 days ago Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board CASTLE ROCK, Colo., June 24, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today announced that it has requisitioned a special meeting of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") shareholders (the "Special Meeting") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). Riot currently owns approximately 14.9% of Bitfarms, making it Bitfarms’ largest shareholder. Business Wire • 27 days ago Riot Platforms, Inc. Reports Beneficial Ownership of 14% in Bitfarms Ltd. CASTLE ROCK, Colo., June 13, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Comments on Bitfarms’ Adoption of Shareholder-Unfriendly Poison Pill CASTLE ROCK, Colo., June 12, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today commented on the shareholder rights plan (the "Poison Pill") unilaterally adopted by Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms" or the "Company"), which takes immediate effect and effectively prevents any shareholder from acquiring 15% or more of Bitfarms’ common shares without making a formal take-over bid for all of the Company’s shares. The 15% trigger is in direct conflict with established legal and gover Business Wire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 12% in Bitfarms Ltd. CASTLE ROCK, Colo., June 05, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Announces May 2024 Production and Operations Updates Riot Produces 215 Bitcoin in May 2024 and Increases Deployed Hash Rate to 14.7 EH/sCASTLE ROCK, Colo., June 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for May 2024. Bitcoin Production and Operations Updates for May 2024 Comparison (%)MetricMay 20241,2April 20242May 2023Month/MonthYear/YearBitcoin Produced215375676-43%-68%Averag GlobeNewswire • last month Riot Platforms, Inc. Reports Beneficial Ownership of 10% in Bitfarms Ltd. CASTLE ROCK, Colo., May 29, 2024--Riot Platforms, Inc. ("Riot") issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (the "Company"). Business Wire • last month Riot Proposes to Acquire Bitfarms for US$2.30 Per Share to Create the World’s Largest Publicly Listed Bitcoin Miner CASTLE ROCK, Colo., May 28, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or the "Company") today announced that it has made a proposal to the Bitfarms Board of Directors (the "Bitfarms Board") to acquire all of the outstanding shares of Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms") at a price of US$2.30 per Bitfarms common share (the "Proposal"). Riot also announced that it has accumulated a 9.25% stake in Bitfarms to become Bitfarms’ largest shareholder. Business Wire • last month Riot Announces April 2024 Production and Operations Updates Riot Produces 375 Bitcoin in April 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., May 06, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for April 2024. Bitcoin Production and Operations Updates for April 2024 Comparison (%) Metric April 2024 1March 2024 1April 2023 Month/MonthYear/Year Bitcoin Produced 375425639 -12%-41% GlobeNewswire • 2 months ago Riot Platforms Reports First Quarter 2024 Financial Results, Current Operational and Financial Highlights Riot Reports $79.3 Million in Total Revenue and Successful Energization of New Corsicana Facility CASTLE ROCK, Colo., May 01, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin mining, reported financial results for the three-month period ended March 31, 2024. The unaudited financial statements and accompanying presentation materials are available on Riot’s website. “I am excited to present results for Riot GlobeNewswire • 2 months ago Riot Announces First Quarter 2024 Earnings Conference Call Castle Rock, CO, April 24, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has scheduled its first quarter 2024 earnings conference call for Wednesday, May 1, 2024, at 8:30 A.M. EST. During the call, Riot will discuss the results for the quarter ended March 31, 2024. This conference call will be available through the audio webcast, please use this link here to regis GlobeNewswire • 2 months ago Riot Energizes New Corsicana Facility in Navarro County, Texas Riot Announces Energization of Its New Corsicana Facility, With Miners Now HashingCASTLE ROCK, Colo., April 18, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has successfully energized the substation at the Company’s Corsicana Facility. “Two years ago, we purchased 265 acres of land in Navarro County, Texas, driven by our vision to build the world's largest Bitcoi GlobeNewswire • 3 months ago Riot Announces March 2024 Production and Operations Updates Riot Produces 425 Bitcoin in March 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., April 04, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for March 2024. Bitcoin Production and Operations Updates for March 2024 Comparison (%) Metric March 20241February 20241March 2023 Month/MonthYear/Year Bitcoin Produced 425418 695 2%-39 GlobeNewswire • 3 months ago Reformed Energy, a Waste-to-Energy Company, Secures Strategic Investment from Riot Platforms Reformed Energy Inc., a Texas corporation, announced today that it has secured a strategic investment from Riot Platforms, Inc. ("Riot"), marking a significant milestone for the company as it seeks to bring its unique plasma gasification technology to full commercialization. PR Newswire • 4 months ago Riot Announces February 2024 Production and Operations Updates Riot Produces 418 Bitcoin in February 2024 and Provides Infrastructure Updates Estimated Hash Rate Growth Estimated Hash Rate Growth 100 MW building, Building A2 Also, during the month, our teams began pouring the foundation for the second 100 MW building, Building A2, which is expected to be completed subsequent to Building A1. 100 MW building, Building A1 During the month of February, the structure for the first 100 MW building, Building A1, was completed and onsite teams made progress on the GlobeNewswire • 4 months ago Riot Purchases 31,500 Miners From MicroBT to Enhance and Expand Self-Mining Operations at Its Rockdale Facility Estimated Hash Rate Growth Estimated Hash Rate Growth Riot strengthens its self-mining operations by purchasing 31,500 WhatsMiner M60S miners from MicroBT. This strategic investment replaces underperforming machines, boosts mining efficiency, and adds additional hash rate capacity at the Rockdale Facility Order is for 31,500 MicroBT miners with a combined total of 5.9 EH/s purchased for $97.4 million, equating to approximately $16.50/THApproximately 14,500 miners in this order will add to self-m GlobeNewswire • 4 months ago Riot Platforms Reports Full Year 2023 Financial Results, Current Operational and Financial Highlights Riot Reports Record Results, with $280.7 Million in Total Revenue, 6,626 Bitcoin Produced, and Record Hash Rate Capacity of 12.4 EH/s Graph Graph CASTLE ROCK, Colo., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, reports financial results for the full year ended December 31, 2023. The audited financial statements are available on Riot’s website and here. “I am pleased to announce GlobeNewswire • 4 months ago Riot Announces January 2024 Production and Operations Updates Riot Produces 520 Bitcoin in January 2024 and Updates Bitcoin Sales Strategy Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts (“MW”) of capacity upon completion of this initial phase. Estimated Hash Rate Growth Estimated Hash Rate Growth CASTLE ROCK, Colo., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader GlobeNewswire • 5 months ago Riot Announces December 2023 Production and Operations Updates Riot Produces 619 Bitcoin in December 2023, Bringing Total Bitcoin Produced in 2023 to 6,626 while Significantly Expanding Use of Riot’s Unique Power Strategy During the Year Riot’s Corsicana Facility Riot is currently developing Phase 1 of the Company’s second large-scale facility, the Corsicana Facility, which will add an additional 400 megawatts of capacity upon completion of this initial phase. Once fully developed, the Corsicana Facility will have up to 1 gigawatt in total capacity.During D GlobeNewswire • 6 months ago View Source