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Listed mining company acquires mining company Whinstone for approximately 548 million euros

Listed mining company acquires mining company Whinstone for approximately 548 million euros

2021/4/9

Riot Blockchain, a Nasdaq-listed mining company, acquired Whinstone, a German-listed mining company Northern Data in the United States. The transaction's consideration included 67 million euros in cash and 11.8 million ordinary shares, or about 548 million euros. Riot plans to use Whinstone's existing operating capacity for its mining operations and expand Whinstone's production capacity.


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