⛓️ Riot Blockchain reports net loss of $58 million in 2018

Riot Blockchain, a biotech company turned mining firm, reported a net loss of about $58 million in 2018 in its financial report released yesterday. The company claims that it has no long-term debt and that before depreciation, amortization, and impairment, it perceived a positive gross margin on 33 percent. Riot Blockchain also notes that the U.S. Securities and Exchange Commission (SEC) probe into the company is still ongoing and that the company is collaborating with the regulator.

Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.