Tag: Riot Platform

Riot Platforms Appoints Three New Board Members Amid AI and HPC Expansion Efforts

byFavour Okosodo

13 February 2025

Riot Platforms, a major Bitcoin mining company, has appointed three new members to its board of directors. These additions will provide expertise to assist the company's potential shift towards artificial intelligence (AI) and high-performance computing (HPC). The newly appointed directors Jaime Leverton, Doug Mouton, and Michael Turner bring significant experience ...

Riot Platforms Makes $162.9 Million Investment in Next-Generation Miners to Boost Bitcoin Mining Capacity

byDurotimi Aribisala

27 June 2023

Riot Platforms, one of the world's largest Bitcoin mining businesses, has made a significant investment of $162.9 million to purchase 33,280 "next-generation" miners from MicroBT, a leading supplier of mining equipment. The company announced this development on June 26, 2023, via post on its website. Jason Les, Riot Platforms’s CEO, ...