July 23 (Reuters) - Riot Platforms Inc ( RIOT ):

* RIOT ANNOUNCES THE ACQUISITION OF BLOCK MINING - EXPANDS

RIOT'S

TOTAL POTENTIAL POWER CAPACITY TO 2 GIGAWATTS

* RIOT PLATFORMS INC ( RIOT ) - ACQUIRES BLOCK MINING FOR $92.5

MILLION

* RIOT PLATFORMS ( RIOT ): PAID PURCHASE PRICE THROUGH $18.5 MILLION

OF

CASH FROM ITS BALANCE SHEET PLUS $74 MILLION OF RIOT COMMON

STOCK

* RIOT PLATFORMS INC ( RIOT ): ADDITIONAL CONSIDERATION OF UP TO

$32.5

MILLION, CAN BE EARNED BY BLOCK MINING THROUGH 2025

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