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Riot blockchain acquires ESS Metron for ~$50M in cash and stock

Dec. 01, 2021 10:06 AM ETRiot Platforms, Inc. (RIOT)By: Deepa Sarvaiya, SA News Editor2 Comments
  • Riot Blockchain (NASDAQ:RIOT) trading up 4.76% as it acquires Ferrie Franzmann, d/b/a ESS Metron at ~ $50 million, consisting of up to 715,413 shares of Riot common stock and $25M in cash, funded with cash on the balance sheet.
  • ESS Metron is a

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