CASTLE ROCK, Colo.,
April 22, 2020 /PRNewswire/ --
Riot Blockchain, Inc. (NASDAQ: RIOT) ("Riot" or the
"Company"), one of the few Nasdaq listed public cryptocurrency
mining companies in the United
States, is contributing a total of $100,000 to hospitals in its areas of operations
to aid local hospitals' COVID-19 relief efforts.
After considering how to most effectively help its local
communities battle the global COVID-19 pandemic, Riot and its board
of directors have opted to donate $50,000 to Mercy Hospital Oklahoma City, which is
near the Company's mining facility, and $50,000 to Castle Rock Adventist Hospital, which
is near the Company's headquarters in Castle Rock, Colorado.
"Mercy is incredibly grateful for Riot Blockchain's support
during this challenging time in history," said Jim Gebhart, president of Mercy Hospital
Oklahoma City and regional strategy officer. "Currently, Mercy is
preparing for a possible surge of COVID-19 patients, and this
generous donation will provide funding for critical medical
equipment that can help save lives today, and into the future. We
are overwhelmed by the generosity of organizations and business
professionals willing to make sacrifices for the well-being of
others."
Brandon Nudd, CEO of Castle Rock
Adventist Hospital, commented: "During these unprecedented times,
we want to publicly acknowledge and express our deep gratitude to
Riot Blockchain for supporting Castle Rock Adventist Hospital
through their philanthropic donation of $50,000. By investing in our community hospital,
Riot Blockchain is providing encouragement to our care teams,
creating opportunities for a nimble response to critical healthcare
needs, and helping us continue to provide exceptional,
compassionate care to every patient. On behalf of our hospital
administrators, frontline caregivers, our patients, and every
person in our community, we'd like to respectfully thank Riot
Blockchain for their incredible generosity, which will make a
difference in the lives of many."
About Riot Blockchain
Riot Blockchain (NASDAQ: RIOT)
specializes in cryptocurrency mining with a focus on bitcoin. Riot
also holds non-controlling investments in blockchain technology
companies. Riot is headquartered in Castle Rock, Colorado, and the Company's
mining facility is located in Oklahoma
City, Oklahoma. For more information, visit
www.RiotBlockchain.com.
Safe Harbor
The information provided in this press
release may include forward-looking statements relating to future
events or the future financial performance of the Company. Because
such statements are subject to risks and uncertainties, actual
results may differ materially from those expressed or implied by
such forward-looking statements. Words such as "anticipates,"
"plans," "expects," "intends," "will," "potential," "hope" and
similar expressions are intended to identify forward-looking
statements. These forward-looking statements are based upon current
expectations of the Company and involve assumptions that may never
materialize or may prove to be incorrect. Actual results and the
timing of events could differ materially from those anticipated in
such forward-looking statements as a result of various risks and
uncertainties. Detailed information regarding factors that may
cause actual results to differ materially from the results
expressed or implied by statements in this press release relating
to the Company may be found in the Company's periodic filings with
the Securities and Exchange Commission, including the factors
described in the sections entitled "Risk Factors," copies of which
may be obtained from the SEC's website at www.sec.gov. The Company
does not undertake any obligation to update forward-looking
statements contained in this press release.
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SOURCE Riot Blockchain, Inc.