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Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says

Riot will have the second-largest capacity among U.S. listed bitcoin miners following the purchase, and the deal serves as the latest evaluation of underdeveloped power assets, the report said.

Updated Jul 24, 2024, 12:06 p.m. Published Jul 24, 2024, 12:03 p.m.
Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)
Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)