Riot Blockchain’s COO to Exit After One Year

2 years ago

Bitcoin miner Riot Blockchain (RIOT) announced the exit, effectual April 7, of Chief Operating Officer Megan Brooks-Anderson, according to a filing.

  • Brooks-Anderson was elevated to the COO relation connected April 6, 2021. Prior to that she was Riot’s vice president of finance.

  • The filing doesn’t specify immoderate crushed for her leaving and the institution wasn’t instantly disposable to comment.

  • On March 16, Riot topped expert estimates, reporting full-year 2021 revenue up 1,665% from the anterior year, and besides reiterated absorption expectations of reaching a 2022 hashrate of 12.8 exahash per 2nd (EH/s).

  • Riot shares are down 8.4% year-to-date, modestly outperforming bitcoin’s 11% decline. On a year-over-year basis, RIOT is little by 58% versus bitcoin’s 10% drop.

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Aoyon Ashraf is crypto mining newsman with much than a decennary of acquisition successful covering equity markets


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