The bitcoin mining company reported revenue and sales results that beat analyst estimates for the second quarter.
SEC filings dated June 30 show BlackRock with stakes in Marathon Digital Holdings and Riot Blockchain.
Riot acquired the 190,000 square-foot site in April.
The cryptocurrency is expected to hold support above $30,000.
Stocks such as RIOT and COIN offer investors crypto exposure without owning BTC directly, according to a panel at Consensus 2021.
The company reported total mined bitcoin rose 62% from the previous quarter.
The quantitative hedge fund placed heavy bets on Riot, Marathon and Canaan in early 2021.
The two firms both plan to add significant computing power to their fleets throughout the remainder of the year.
Michael Saylor’s MicroStrategy was up 18.5% in global markets. His firm’s bitcoin proxy stock wasn’t alone in seeing green.
The firm is acquiring the facility with the goal of “increasing the American footprint in the global bitcoin mining landscape.”
Once active, these additional miners will increase the firm’s bitcoin mining hashrate by 93%.
Les has served as the board's director since 2017.
The largest public pension in the U.S. bought more RIOT shares for the first time since 2017.
Mason Jappa is the latest addition to Riot's changing boards of directors and advisors.
Riot's value was less than $50 million when it started mining bitcoin three years ago.