March 21 (Reuters) - Riot Platforms Inc ( RIOT ):

* RIOT PLATFORMS ANNOUNCES ENTRY INTO NON-BINDING TERM SHEET

TO

ACQUIRE CERTAIN ASSETS OF RHODIUM AND SETTLEMENT AGREEMENT

* RIOT PLATFORMS INC ( RIOT ) - TRANSACTION VALUED AT $185 MILLION

* RIOT PLATFORMS INC ( RIOT ) - RHODIUM TO TRANSFER ALL TANGIBLE

PROPERTY

AT ROCKDALE FACILITY

* RIOT PLATFORMS INC ( RIOT ) - WHINSTONE AND RHODIUM TO DISMISS ALL

EXISTING LITIGATION

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