RIOT Stock Price Soars with $290M MicroBT Bitcoin Mining Boost

In a significant move to bolster its Bitcoin mining capabilities, Riot Platforms, Inc. (NASDAQ: RIOT) has recently intensified its collaboration with MicroBT Electronics Technology Co., LTD, a leading manufacturer of Bitcoin miners. The company, recognized for its robust role in the Bitcoin mining and data center hosting sphere, declared the execution of a substantial purchase option. This move supplements Riot’s current mining power, propelling its position in the industry.