Show menu

Riot Blockchain Was Trading Higher

Your video will begin in 20

Skip ad (5)

Comment gagner 100€/jour avec une liste email

Thanks! Share it with your friends!

You disliked this video. Thanks for the feedback!

Added 2 years ago by admin

121 Views

Riot Blockchain($RIOT@US), a Bitcoin miner, was trading higher Wednesday after the company announced the acquisition of ESS Metron for $50 million in cash and stock. ESS Metron designs and produces highly engineered electrical equipment solutions, many of which are mission-critical to successfully deploying Bitcoin mining operations at scale. ESS Metron is currently a key supplier to Riot Blockchain's Whinstone, Texas facility. Jason Les, CEO of Riot Blockchain, said that "The successful acquisition of ESS Metron marks yet another milestone in establishing Riot as a leader in Bitcoin mining. Riot’s strategic position across the electrical supply chain is significantly enhanced as the company will benefit from ESS Metron’s existing relationships with leading electrical suppliers globally." Riot Blockchain may also be trading higher with the price of Bitcoin and Ethereum. Riot Blockchain has traded as high as $79.50 and as low as $6.90 over a 52-week period. The stock was up 7.93% at $40.33.

Post your comment

Comments
Facebook

Comments

Be the first to comment

ebook offerts

ebook offerts