Riot Blockchain Inc.’s CEO Jason Les joined Benzinga Live on Dec. 1 in an exclusive interview to discuss the cryptocurrency miner’s business goals and the acquisition of ESS Metron for $50 million in cash and stock, which was announced earlier that day. “It’s another step that we’re taking to perfectly integrate our business,” said Les. “With this acquisition we are taking further control of our supply chain, de-risking our expansion and bringing on an incredible team with a lot of engineering talent that we think is going to drive future innovation.” On Dec. 2, Riot announced that it had produced 466 Bitcoin, which represents a 298 percent increase over the same period the year prior, bringing the company’s total Bitcoin production number to 3,387 as of Nov. 30. Riot’s share price can be affected by the price of Bitcoin and the overall markets but recently the stock has followed Bitcoin’s …
Can Bitcoin Miner Riot Blockchain Withstand a Crypto Bear Break? What the Chart Says
December 9, 2021
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