Riot Blockchain completed the acquisition of Whinstone from Northern Data for $651m.

Riot Blockchain, a bitcoin mining company, completed the acquisition of Whinstone, a Bitcoin hosting facility operator, from Northern Data, an information technology company, for $651m. "The acquisition of Whinstone is the most significant achievement in Riot’s growth to-date and positions Riot as an industry leader in Bitcoin mining. After the consummation of this transaction, we will have created a very clear path for the Company’s future growth. Riot will wholly own the largest Bitcoin mining facility in North America, with very low power costs, and one of the most talented development teams in the industry. Whinstone will serve as the foundation of Riot’s Bitcoin mining operations, upon which we will drive our goal of increasing the American footprint in the global Bitcoin mining landscape," Jason Les, Riot CEO.