Bitcoin Miner Riot Blockchain Names Jason Les CEO
Les has served as the board's director since 2017.
The two firms both plan to add significant computing power to their fleets throughout the remainder of the year.
Michael Saylor’s MicroStrategy was up 18.5% in global markets. His firm’s bitcoin proxy stock wasn’t alone in seeing green.
The quantitative hedge fund placed heavy bets on Riot, Marathon and Canaan in early 2021.
The firm is acquiring the facility with the goal of “increasing the American footprint in the global bitcoin mining landscape.”
Once active, these additional miners will increase the firm’s bitcoin mining hashrate by 93%.