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Riot Purchased Massive BTC Mining Firm In Texas Worth $650 Million

Riot purchased massive Bitcoin mining company Whinstone Inc, in Texas for $650 million with goals to become the largest data center in the world so let’s read more in our latest Bitcoin news today. Northern Data AG, the EU infrastructure company sold its Whinstone subsidiary to Riot Blockchain. Riot purchased Whinstone and its planned mining operations in Texas. According to the press release from Northern Data, the deal was worth $80 million with 12% shares of Riot that are worth above $570 million. The entire deal comes up to more than $650 million. Northern Data bought Whinstone which operates its…

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