Riot Responds to Recent Inquiries Regarding Its Power Strategy

September 09, 2023

Riot Responds to Recent Inquiries Regarding Its Power StrategyCastle Rock, CO, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin mining and data center hosting, issued a statement today in response to recent inquiries regarding its power strategy following its August monthly operations update. Riot also sold approximately $24 million of pre-purchased energy to its energy provider, TXU, pursuant to its long-term power purchase agreements. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as “anticipates,” “believes,” “plans,” “expects,” “intends,” “will,” “potential,” “hope,” and similar expressions are intended to identify forward-looking statements. Persons reading this press release are cautioned not to place undue reliance on such forward-looking statements.

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