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Rockdale’s Whinstone sold to Riot

Rockdale’s Whinstone sold to Riot

Riot Blockchain Inc. announced April 8 that it had signed an agreement to acquire Whinstone US Inc., including all of its assets and operations, for consideration of $80 million cash plus a fixed 11.8 million shares of Riot common stock which is valued at approximately $651 million based on Riot’s last closing price of $48.37 per share, according to a news release from the company.

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Rockdale Reporter

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