Riot Blockchain, Inc. (Nasdaq: RIOT) (the "Company") today announced that it successfully placed a winning bid in the U.S. Marshals Service sealed bid auction of bitcoins. The Company placed several bids in the auction, including a winning bid for a block of 500 Bitcoins. This represents approximately 13% of the total Bitcoins in the auction.
"The U.S. Marshals Service should be commended on running a smooth and transparent auction process," commented John O'Rourke, Chairman and CEO of Riot Blockchain. "We are pleased to have successfully participated in the auction while accomplishing our objective of obtaining Bitcoins."
More information on the auction may be found here: https://www.usmarshals.gov/assets/2018/bitcoinauction/
According to the company, Riot Blockchain, Inc. is leveraging its expertise and a network of professional advisors to build and support blockchain technologies. It is establishing an Advisory Board with technical experience intending to become a leading authority and supporter of blockchain, while providing investment exposure to the rapidly growing Bitcoin and blockchain ecosystems. For more information, visit http://www.RiotBlockchain.com/.