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23 April 2021

Riot Blockchain is set to acquire a Texas data facility for $650M

Riot Blockchain is set to acquire a Texas data facility for $650M


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Riot Blockchain is continuing its Bitcoin (BTC) mining expansion efforts.

For Riot Blockchain, the Whinstone acquisition offers an opportunity for the company to upscale its Bitcoin mining capacity.

In its own announcement of the deal, Northern Data revealed that the Whinstone sale to Riot Blockchain will not negatively impact its earnings before interest, taxes, depreciation, and amortization.

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cointelegraph.com
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