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Riot’s Stock Dips 5% as It Focuses on Bitcoin Mining Ahead of Halving

Published 02/21/2020, 07:52 AM
Updated 02/21/2020, 09:42 AM
Riot’s Stock Dips 5% as It Focuses on Bitcoin Mining Ahead of Halving
BTC/USD
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Riot Blockchain, a Nasdaq-listed crypto firm in the United States, plans to sell its exchange to focus on Bitcoin (BTC) mining ahead of the halving.

According to an official announcement on Feb. 20, Riot has “opted to sunset further development of Riot's U.S.-based digital currency exchange” in order to focus on cryptocurrency mining as part of its updated strategic priorities for 2020.

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