🚀 Big Moves in the Bitcoin World! 🚀

Riot Platforms has just made a splash by acquiring Block Mining, a Kentucky-based Bitcoin mining firm, for a whopping $92.5 million! 💰 This deal includes $18.5 million in cash and $74 million in Riot common stock, with a potential $32.5 million bonus based on performance through 2025.

This acquisition boosts Riot's hash rate, expands its geographical footprint, and opens up new energy markets beyond Texas. 🌐 Block Mining's CEO, Michael Stoltzner, is thrilled about the partnership, highlighting shared values and a vision for energy-efficient Bitcoin mining.

With this move, Riot is set to power up its mining capacity and lead the charge in the Bitcoin mining industry! ⚡️