Rockdale

Riot Platforms Reports First Quarter 2023 Financial Results, Current Operational and Financial Highlights

Retrieved on: 
Wednesday, May 10, 2023

CASTLE ROCK, Colo., May 10, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and data center hosting, reported financial results for the three-month period ended March 31, 2023.

Key Points: 
  • CASTLE ROCK, Colo., May 10, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and data center hosting, reported financial results for the three-month period ended March 31, 2023.
  • “Riot achieved a number of important milestones and records during the first quarter of 2023,” said Jason Les, CEO of Riot.
  • Produced 2,115 Bitcoin during the three-month period ended March 31, 2023, as compared to 1,405 Bitcoin during the same three-month period in 2022.
  • Data Center Hosting cost in excess of revenues for the three-month period ended March 31, 2023 was $16.6 million.

Riot Reports Full Year 2022 Financial Results, Current Operational and Financial Highlights

Retrieved on: 
Thursday, March 2, 2023

These power credits enabled us to lower our cost of production in 2022, on a non-GAAP basis, to among the lowest in the industry.

Key Points: 
  • These power credits enabled us to lower our cost of production in 2022, on a non-GAAP basis, to among the lowest in the industry.
  • Earned $27.3 million in power credits through support of the ERCOT grid in Texas during several weather-related supply/demand issues in 2022.
  • Data Center Hosting cost in excess of revenues for the year ended December 31, 2022 was $24.3 million.
  • Engineering revenue in excess of engineering cost of revenue for the year ended December 31, 2022 was $7.9 million.

Riot Announces December 2022 Production and Operations Updates

Retrieved on: 
Wednesday, January 4, 2023

Castle Rock, CO, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and data center hosting, announces unaudited production and operations updates for December 2022.

Key Points: 
  • Castle Rock, CO, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and data center hosting, announces unaudited production and operations updates for December 2022.
  • Riot produced 659 BTC, an increase of approximately 55% as compared to December 2021 production of 425 BTC.
  • Riot held approximately 6,952 BTC, all produced by the Company’s self-mining operations, as of December 31, 2022.
  • Riot had a deployed fleet of 88,556 miners, with a hash rate capacity of 9.7 exahash per second (“EH/s”), as of December 31, 2022.

HC2 ISSUES RESPONSE TO PERCY ROCKDALE LETTER

Retrieved on: 
Tuesday, March 31, 2020

Percy Rockdale has continuously refused to engage with HC2, despite multiple attempts by both our independent directors and management team, unless the Company meets its completely unreasonable prerequisite- firing our CEO.

Key Points: 
  • Percy Rockdale has continuously refused to engage with HC2, despite multiple attempts by both our independent directors and management team, unless the Company meets its completely unreasonable prerequisite- firing our CEO.
  • Percy Rockdale makes numerous misleading and outright false statements in its letter, including a complete mischaracterization of the Companys accounting practices.
  • Percy Rockdale already nominated its director candidates to be voted on at the Companys Annual Meeting of Stockholders, expected to be held in just a few months.
  • HC2 urges all of its stockholders to refrain from taking any action, including returning any consent card sent by Percy Rockdale, at this time.

HC2 Holdings Issues Statement Regarding Percy Rockdale’s Nomination of Directors

Retrieved on: 
Tuesday, February 18, 2020

NEW YORK, Feb. 18, 2020 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (HC2 or the Company) (NYSE: HCHC), a diversified holding company, issued the following statement regarding Percy Rockdale LLCs (Percy Rockdale) nomination of six candidates for election to HC2s Board of Directors at the Companys 2020 Annual Meeting of Stockholders.

Key Points: 
  • NEW YORK, Feb. 18, 2020 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (HC2 or the Company) (NYSE: HCHC), a diversified holding company, issued the following statement regarding Percy Rockdale LLCs (Percy Rockdale) nomination of six candidates for election to HC2s Board of Directors at the Companys 2020 Annual Meeting of Stockholders.
  • HC2 has offered to speak on multiple occasions with Percy Rockdale in an attempt to satisfy their concerns in a cooperative manner that benefits all stockholders.
  • To the Companys surprise and disappointment, without ever meaningfully engaging with management or the Board beforehand, Percy Rockdale moved forward with its proposed candidates.
  • We believe successful execution of our strategy in the coming months will be HC2s most powerful and effective response to Percy Rockdales campaign.

GSBA Announces 2018 Governance Team of the Year Finalists

Retrieved on: 
Tuesday, December 4, 2018

LAWRENCEVILLE, Ga., Dec. 4, 2018 /PRNewswire/ --The Georgia School Boards Association (GSBA) is pleased to announce the finalists for the 2018 Governance Team of the Year Award.

Key Points: 
  • LAWRENCEVILLE, Ga., Dec. 4, 2018 /PRNewswire/ --The Georgia School Boards Association (GSBA) is pleased to announce the finalists for the 2018 Governance Team of the Year Award.
  • These finalists were vetted through a stringent application process and a visit by an impartial review team to vet the information in the application.
  • "This group of ten school districts from all over Georgia exemplify what it means to achieve at the highest levels.
  • We are very pleased with this inaugural class for the Governance Team of the Year," said Katrina Young, GSBA President and Rockdale County Board of Education member.