“Although challenging global market conditions in the second quarter, further impacted by a steep decline in the price of Bitcoin and resulting decline in market valuations for publicly-traded Bitcoin miners, including Riot, necessitated non-cash impairment charges this quarter, these non-cash charges had no impact on our solid financial position and ample liquidity, both of which were further strengthened this quarter,” said CEO Jason Les in a statement.
Bitcoin Slips Under $100K And Funding Rates Reflect Fear
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day,...
