Whinstone US to acquire Rhodium's Rockdale assets

Riot Platforms, Inc.'s subsidiary, Whinstone US, Inc., has entered into a non-binding term sheet to acquire certain assets from Rhodium Encore LLC at the Rockdale Facility. The proposed transaction involves total consideration of $185 million, including both cash and shares. This acquisition will allow Riot to enhance its Bitcoin mining operations at the Rockdale Facility.