The rebranding shows the company’s “increasingly diversified business operations,” it said.
Riot Blockchain, one of the largest bitcoin miners in the industry, is rebranding its name to Riot Platforms to reflect the company's diversified business operations, it said in a statement on Tuesday. "The scope and scale of our businesses continues to expand, and this rebranding better reflects our position as strategic allocators of capital to increasingly broaden the scope of our Bitcoin-focused operations," said Riot Platforms CEO Jason Les.from its title to reflect its shift away from being completely crypto-focused.switched the core of its businessRiot Platforms and its flagship facility in Texas, Whinstone U.S., will be under the umbrella of Riot Platforms Inc.
Source: News Formal (newsformal.com)
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