Riot Platforms Inc. Completes Acquisition of Rhodium Assets at Rockdale Facility, Expands Power Capacity

Reuters

2025/04/29

<a href="https://laohu8.com/S/RIOT">Riot Platforms</a> Inc. Completes Acquisition of Rhodium Assets at Rockdale Facility, Expands Power Capacity

Riot Platforms Inc., a leader in the Bitcoin mining industry, has announced the closing of its acquisition of specific assets from Rhodium Encore LLC at its Rockdale Facility. The transaction, valued at $185.0 million, includes $129.9 million in cash, a $6.1 million return of Rhodium's power security deposit, and $49.0 million in Riot common stock. This acquisition allows Riot to terminate unprofitable legacy hosting contracts with Rhodium, which had previously resulted in a gross loss of approximately $15 million in FY 2024. As a result, Riot now assumes Rhodium's 125 MW of power capacity, which will be fully utilized by Riot and its subsidiaries. Additionally, Riot has acquired all tangible Rhodium property, including ASIC miners, at the Rockdale Facility. This move marks a significant step for Riot, expanding its capacity and reducing future litigation expenses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Riot Platforms Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA74549) on April 28, 2025, and is solely responsible for the information contained therein.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2531293726"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2531293726\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2531293726?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-29 05:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2531293726","market":"us","top_or_hot":-1,"title":"Riot Platforms Inc. Completes Acquisition of Rhodium Assets at Rockdale Facility, Expands Power Capacity","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/RIOT\">Riot Platforms</a> Inc. Completes Acquisition of Rhodium Assets at Rockdale Facility, Expands Power Capacity\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Riot Platforms Inc., a leader in the Bitcoin mining industry, has announced the closing of its acquisition of specific assets from Rhodium Encore LLC at its Rockdale Facility. The transaction, valued at $185.0 million, includes $129.9 million in cash, a $6.1 million return of Rhodium's power security deposit, and $49.0 million in Riot common stock. This acquisition allows Riot to terminate unprofitable legacy hosting contracts with Rhodium, which had previously resulted in a gross loss of approximately $15 million in FY 2024. As a result, Riot now assumes Rhodium's 125 MW of power capacity, which will be fully utilized by Riot and its subsidiaries. Additionally, Riot has acquired all tangible Rhodium property, including ASIC miners, at the Rockdale Facility. This move marks a significant step for Riot, expanding its capacity and reducing future litigation expenses.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Riot Platforms Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA74549) on April 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Riot Platforms Inc. Completes Acquisition of Rhodium Assets at Rockdale Facility, Expands Power Capacity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRiot Platforms Inc. Completes Acquisition of Rhodium Assets at Rockdale Facility, Expands Power Capacity\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-04-29 05:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/RIOT\">Riot Platforms</a> Inc. Completes Acquisition of Rhodium Assets at Rockdale Facility, Expands Power Capacity\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Riot Platforms Inc., a leader in the Bitcoin mining industry, has announced the closing of its acquisition of specific assets from Rhodium Encore LLC at its Rockdale Facility. The transaction, valued at $185.0 million, includes $129.9 million in cash, a $6.1 million return of Rhodium's power security deposit, and $49.0 million in Riot common stock. This acquisition allows Riot to terminate unprofitable legacy hosting contracts with Rhodium, which had previously resulted in a gross loss of approximately $15 million in FY 2024. As a result, Riot now assumes Rhodium's 125 MW of power capacity, which will be fully utilized by Riot and its subsidiaries. Additionally, Riot has acquired all tangible Rhodium property, including ASIC miners, at the Rockdale Facility. This move marks a significant step for Riot, expanding its capacity and reducing future litigation expenses.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Riot Platforms Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA74549) on April 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4595","symbol_name":"比特币概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250428:nNDLc0P3b8:1","article_id":"2531293726","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531293726","pubTimestamp":1745875429,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Riot Platforms Inc., a leader in the Bitcoin mining industry, has announced the closing of its acquisition of specific assets from Rhodium Encore LLC at its Rockdale Facility. The transaction, valued at $185.0 million, includes $129.9 million in cash, a $6.1 million return of Rhodium's power security deposit, and $49.0 million in Riot common stock. This acquisition allows Riot to terminate unprofitable legacy hosting contracts with Rhodium, which had previously resulted in a gross loss of approximately $15 million in FY 2024. As a result, Riot now assumes Rhodium's 125 MW of power capacity, which will be fully utilized by Riot and its subsidiaries. Additionally, Riot has acquired all tangible Rhodium property, including ASIC miners, at the Rockdale Facility. This move marks a significant step for Riot, expanding its capacity and reducing future litigation expenses.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4595":"比特币概念","BK4600":"加密货币概念","RIOT":"Riot Platforms","BK4516":"特朗普概念","BK4023":"应用软件"},"translate_title":"Riot Platforms Inc.完成对Rockdale工厂Rhodium资产的收购，扩大电力容量","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RIOT":0.9},"content_text":"Riot Platforms Inc. Completes Acquisition of Rhodium Assets at Rockdale Facility, Expands Power Capacity\n    \n\n        Riot Platforms Inc., a leader in the Bitcoin mining industry, has announced the closing of its acquisition of specific assets from Rhodium Encore LLC at its Rockdale Facility. The transaction, valued at $185.0 million, includes $129.9 million in cash, a $6.1 million return of Rhodium's power security deposit, and $49.0 million in Riot common stock. This acquisition allows Riot to terminate unprofitable legacy hosting contracts with Rhodium, which had previously resulted in a gross loss of approximately $15 million in FY 2024. As a result, Riot now assumes Rhodium's 125 MW of power capacity, which will be fully utilized by Riot and its subsidiaries. Additionally, Riot has acquired all tangible Rhodium property, including ASIC miners, at the Rockdale Facility. This move marks a significant step for Riot, expanding its capacity and reducing future litigation expenses.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Riot Platforms Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA74549) on April 28, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,policyRegulatory,merge","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}