Riot Blockchain specializes in Bitcoin mining, and through its subsidiary Whinstone hosts Bitcoin mining hardware for institutional clients. It’s expanding and modernizing its mining facilities through industrial-scale infrastructure development and the procurement of the latest generation of miners. If we take a look at the monthly chart, we can see that its stock price is going downhill. On the first day of September, the worth was $ 38.60, which is 33% more than the current price of $ 25.70. It dropped to its lowest price on September 29 at $ 24.85.
Riot Blockchain is announcing an official investor tour of the Whinstone Facility, which will take place on October 20, 2021. Investor invitations are open for firsthand acquaintance with Riot’s Whinstone Facility and for the opportunity to attend a meeting with the Riot and Whinstone executives. In May 2021, Riot acquired Whinstone US with an installed capacity of 300 megawatts (MW), competitive electricity prices of approximately 2.5 cents / kWh, and an industry-leading Bitcoin mining infrastructure progress team.