Riot, a Bitcoin Miner on its $349M Acquisition

Impairment Charge for Bitcoin Assets of $99.8 Million In its second-quarter earnings report released on Monday after the close, Riot Blockchain (RIOT), one of the biggest publicly traded bitcoin miner...

Bitcoin Miner Riot Takes $349M Goodwill Impairment Charge on Acquisitions

“Although challenging global market conditions in the second quarter, further impacted by a steep decline in the price of Bitcoin and resulting decline in market valuations for publicly-traded Bitcoin...