M&A · Financials · Buyer's industry: Finance Services
Riot Platforms, Inc. to acquire Block Mining
Announced Jul 23, 2024 · Closed Jul 23, 2024 · Private target
Deal value$93M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock
Transaction
- Acquirer
- Riot Platforms, Inc. (RIOT)
- Target
- Block Mining
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Jul 23, 2024
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Stifel
- To the target
- XMS Capital
Classification
- Sector
- Financials
- Buyer's industry
- Finance Services