Riot Blockchain (RIOT) Acquires ESS Metron
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Riot Blockchain Acquires ESS Metron
December 1, 2021 9:22 AM UTCRiots position as a vertically-integrated industry leader in Bitcoin mining significantly enhanced via the acquisition of ESS Metron, a premier provider of highly-engineered electrical equipment solutions
Castle Rock, CO, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) ("Riot, Riot Blockchain or the Company") today announced that it has acquired Ferrie Franzmann Industries, LLC (d/b/a ESS Metron) (ESS Metron). The total consideration payable in the transaction is valued at approximately $50 million, consisting of up to 715,413 shares of Riot common stock and $25 million in... More
