Insider and Institutional Ownership. Chris Ensey has taken over as CEO at Riot Blockchain, but tough times seem to be up ahead. The investigation was due to possible securities fraud given how they pumped their stock by adding "blockchain" to their name. In 2015 and 2017, he was selected as a human benchmark for testing the world’s best poker artificial intelligence in what was dubbed “Man vs Machine” at Carnegie Mellon University in 2015 and 2017. The information provided in this press release may include forward-looking statements relating to future events or the future financial performance of the Company. The investigation is parallel to a Securities and Exchange Commission case that brought claims against John O'Rourke, former CEO of Riot Blockchain, and others in … Riot Blockchain appoints Jason Les as CEO and welcomes Hannah Cho to its Board as Independent Director February 16, 2021 February 8, 2021 by Talent4Boards Team – USA, CO – Riot Blockchain, Inc. (NASDAQ: RIOT), one of the few NASDAQ-listed bitcoin mining companies in the United States, today announced the appointments of Jason Les as … In addition to his being a current or past board member of approximately fifty publicly traded companies, he has raised funds privately and publicly for hundreds of emerging and mature companies, structured numerous mergers and acquisitions, and acted as the driving force behind numerous transactions. Regarding future direction, he then stated: Riot Blockchain (NASDAQ: RIOT) focuses on cryptocurrency mining of bitcoin. Riot Blockchain Announces Milestone Purchase Order of 42,000 S19j Antminers, Growing Total Hash Rate to 7.7 EH/s Upon 2022 Deployment Apr 07, 2021 8:45am EDT Riot Blockchain Announces Appointment of Megan Brooks as Chief Operating Officer, and Appointments to the Roles of VP, Capital Markets and VP, Finance Riot Blockchain is a cryptocurrency company who has seen its stock price experience dramatic fluctuations over the years. MarketBeat's community ratings are surveys of what our community members think about Riot Blockchain and other stocks. Riot Blockchain also won 500 Bitcoin from a U.S. Marshall’s Auction on January 24th, 2018. Riot Blockchain’s phone number is … Benjamin is a CFA charter holder and holds a Master of Finance degree from the Rotman School of Management at the University of Toronto and a Bachelor of Commerce degree from Trinity College in the University of Toronto. Detailed information regarding factors that may cause actual results to 0differ 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 U.S. Securities and Exchange Commission (the “SEC”), 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 CEO of Riot Blockchain, Jason Les, explained that Whinstone will be the “foundation” of the company’s mining activities. However, Riot Blockchain CEO Jason Les did drop strategic hints a few weeks ago that the company may simply be expanding upon a grander strategy. Riot Blockchain Announces Appointment of Megan Brooks as Chief Operating Officer, and Appointments to the Roles of VP, Capital Markets and VP, Finance Apr 06, 2021 8:45am EDT Riot Blockchain Announces Financial Highlights for the Fourth-Quarter & Full-Year Ended 2020 and Full-Year 2020 Operating Highlights and Financial Results Riot Blockchain has higher earnings, but lower revenue than Intellia Therapeutics. "The Board will benefit from her significant experience as a corporate leader and communications specialist. Investors focused on the Business Services space have likely heard of Riot Blockchain (RIOT), but is the stock performing well in comparison to the rest of its sector peers? All this, according to an announcement made on Thursday the 8th. Currently, he serves as Chief Economist at Palos Management, a boutique investment management firm headquartered in Montreal, Canada. Castle Rock, CO, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) ("Riot", "Riot Blockchain" or the "Company"), one of the few NASDAQ-listed bitcoin mining companies in the United States, is pleased to announce the appointment of Jason Les as Chief Executive Officer, and that Hannah Cho has been appointed to the Company's … Behavior like that is the hallmark of speculation and illustrates a disregard for any future stream of profits or cash flow. --Riot Blockchain, Inc., one of the few NASDAQ-listed bitcoin mining companies in the United States, is pleased to announce the appointment of Jason Les as Chief Executive Officer… Buried in the excitement of Riot Blockchain’s press release announcing Les’s appointment were a few words about former CEO Jeff McGonegal. Ms. Cho brings significant executive leadership experience in marketing and communications gained at leading technology companies including Anaplan, CA Technologies, Intel Corporation, and Cisco Systems. It also has a pilot scheme running in Houston, Texas. Riot also holds certain non-controlling investments in blockchain technology companies. (Add your “underperform” vote.) In fact, Whinstone has 750 MW of power, with 300 MW currently in use, significant numbers when it comes to bitcoin mining. “In early 2020, Riot made the strategic decision to completely focus on expanding its mining capabilities, which has positioned the Company well to take advantage of significant opportunities in the current Bitcoin environment,” said Benjamin Yi, Chairman of the Board of Directors. Benjamin brings significant corporate governance experience to Riot, having served as an independent director and audit committee chair of several private and public companies. In the company’s year-end earnings release, he first mentioned that Riot Blockchain’s 2020 strategy was one solely focused on mining. There was even an SEC investigation (dropped in February 2020) into the company. However, Riot Blockchain’s CEO John O’Rourke still have a strong opinion on the bright future of his company. Jason holds a Bachelor of Science in Information & Computer Science from UC Irvine. According to him, the skeptics will be the only losers in the end. Riot Blockchain announced the new appointment in a press release published on the 8th of February. In … Riot Blockchain stated that it has signed a definitive agreement with the mining company Whinstone US, Inc. currently owned by Northern Data. Prior to IOU, Benjamin worked directly under Ned Goodman, a renowned Canadian financier, investor, and founder of Dundee Corporation, a Toronto-based conglomerate. John O’Rourke has served as the Chairman and CEO of Riot Blockchain since January 2017. Words such as "anticipates," “believes,” "plans," "expects," "intends," "will," "potential," "hope" and similar expressions are intended to identify forward-looking statements. Riot Blockchain has in fact decided that it wants to expand its business and to do so it has acquired the North American ... but also in shares in the company itself. At the end of 2017, the price was over $30, but now it sits at less than $5. At that time, Riot's market capitalization was approximately $34 million. The information was released by the firm in a press release on February 5.. Jeff McGonegal is now the new Cheif Executive Officer, who will be replacing Chris Ensey. Marathon picked a new CEO and installed 13,000 more mining machines. Jason Les is the CEO of Riot Blockchain. However, Riot Blockchain CEO Jason Les did drop strategic hints a few weeks ago that the company may simply be expanding upon a grander strategy. Final Thoughts. Hannah is an award-winning marketing and communications executive with expertise in brand building and storytelling. The United States Securities Exchange Commission charged ten persons to court over a connection with a pump and dump scheme.The alleged fraudulent act saw the perpetrators selling unlawful stocks which caused a … In fact, Whinstone has 750 MW of power, with 300 MW currently in use, … Company just executed a private placement for $37m at roughly a 50% discount from the market price of shares. The average Riot Blockchain share is held for two days after purchase. Benjamin was recruited in October 2018 to serve as a director and audit committee Chairman. Riot Blockchain (NASDAQ: RIOT) stock has been one of the clear winners of the past year.In the past 12 months RIOT stock is up over 1,500%. Besides just good news when it comes to share prices, Riot Blockchain also recently appointed a new CEO. Is Riot Blockchain profitable? In addition to her corporate experience, she was also previously Senior Vice President, Technology Communications at Edelman. This means that you too can hold a small part of the Riot company by investing in its stock. For us, we have to wait if Riot blockchain recovers from here. In these roles, he is responsible for new business growth, maintaining the firm’s leadership position, and driving innovation across the company. “Strengthening our management team to take advantage of these opportunities has been a high priority for the Board, and we are pleased to appoint Jason to lead the Company. For more information, visit www.RiotBlockchain.com. Mr. Bishop served as a member of the senior management team that built INVESCO into one of the largest publicly traded global investment management … Riot Blockchain is one of 213 companies in the Business Services group. Castle Rock, CO, May 10, 2021 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) ("Riot”, “Riot Blockchain” or the “Company"), one of the leading Nasdaq listed Bitcoin mining companies in the United States, announces its April production and operational updates, including its unaudited Bitcoin (“BTC“) production for April 2021 and its latest miner … 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. Riot Blockchain Announces Appointment of Jason Les as CEO and Appointment of New Director February 08, 2021 08:45 ET | Source: Riot Blockchain, Inc. Riot Blockchain… Jeff McGonegal, who was appointed CEO in 2019, has recently stepped down to resume his previous job as CFO for Riot. “We are at an exciting and critical juncture in our industry, with Bitcoin positioned to disrupt the global financial system. Riot ordered 42,000 miners and acquired a Bitcoin-miner hosting facility owner in a $650 million deal. Riot Blockchain is trading at a lower price-to-earnings ratio than Intellia Therapeutics, indicating that it is currently the more affordable of the two stocks. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. One of the main reasons Riot Blockchain has been in the news recently, is because their stock has hit an all-time high of above $45 a share (which is 140% increase for 2021). – O’Rourke, the CEO of Riot Blockchain, controlled at least 13.2 million Marathon Patent shares and warrants as of mid-October, through Revere. However, Riot Blockchain CEO John O'Rourke says the skeptics who are unconvinced about his firm's approach will lose out in the end. “Jeff McGonegal, who was appointed Chief Executive Officer in early 2019, will return to focus on his long-standing position as Chief Financial Officer, a position held since 2003,” the company stated in its Feb. 8 press … Benjamin brings significant corporate governance experience to Riot, having served as an independent director and audit committee chair of several private and public companies. Riot Blockchain announced a new CEO and other leadership changes in a press release Tuesday evening. Jeff McGonegal takes over as chief executive officer. Hubert is a veteran capital markets professional, corporate director, and Chair of the Marleau Lecture Series on Economic and Monetary Policy at the University of Ottawa. John’s resignation comes in barely a year after his appointment. Investing.com -- Riot Blockchain Inc (NASDAQ: RIOT) jumped 22% on Monday after the bitcoin mining company announced a new CEO, Jason Les. Riot Blockchain, Inc. income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. The Whole Story. As Riot Blockchain starts anew amid concerns of bitcoin bubble, CEO John O’Rourke says his cryptocurrency strategy is a long-term play Share this: Click to share on Facebook (Opens in new window) Riot Blockchain has received 51.93% “outperform” votes from our community. The crime was exposed by the United State Securities and Exchange Commission. What Makes Riot Blockchain So Special? In addition, there continues to be a large shift in mining capacity to the United States, creating significant opportunity for the Company. March 27, 2018: Riot Blockchain bought Logical Brokerage Corp, a Miami-based futures introducing broker that is registered with the Commodity Futures Trading Commission (“CFTC”), as part of the company’s effort to launch a cryptocurrency exchange in the United States.. Riot Blockchain also won 500 Bitcoin from a U.S. Marshall’s Auction on January 24th, 2018. 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. At the same time, they are making different other leadership changes. Benjamin was elected Chairman of the Board and Chairman of the nominating and governance committee, in November 2020. Besides just good news when it comes to share prices, Riot Blockchain also recently appointed a new CEO. The Business Services group currently sits at #12 within the Zacks Sector Rank. 8 Stocks to Buy for March Chief Executive Officer and Co-Founder. And experts predict that as the price of Bitcoin continues to soar, so too will the price of Riot … Hubert’s broad areas of expertise include macroeconomic policy & analysis, corporate governance, financial analysis, and investment banking. Mr. Les has been deeply involved with Bitcoin since 2013, with significant experience in both mining and as an engineer studying protocol development and contributing to open-source projects. Riot is headquartered in Castle Rock, Colorado, and the Company’s mining facility is located in upstate New York, under a co-location hosting agreement with Coinmint. Castle Rock, CO, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Riot Blockchain, Inc. (NASDAQ: RIOT) ("Riot”, “Riot Blockchain” or the “Company"), one of the few NASDAQ-listed bitcoin mining companies in the United States, is pleased to announce the appointment of Jason Les as Chief Executive Officer, and that Hannah Cho has been appointed to the Company’s Board of Directors, as an independent director. At the end of 2017, the price was over $30, but now it sits at less than $5. Also, what do you think about them? Certainly, being part in cash and part in shares. She is currently Vice President, Marketing Communications at BMC Software, a portfolio company of KKR which offers software and services to support cloud computing, IT service management, automation, IT operations, and the mainframe for digital transformation. Buried in the excitement of Riot Blockchain’s press release announcing Les’s appointment were a few words about former CEO Jeff McGonegal. The Company does not undertake any obligation to update forward-looking statements contained in this press release. Riot Blockchain's response to a CNBC investigation included a timeline of events. Riot also holds certain non-controlling investments in blockchain technology companies. Riot is also pleased to announce that Hannah Cho has been appointed to the Company’s Board of Directors, effective today. Riot Blockchain, Inc. (RIOT) closed at $33.45 in the latest trading session, marking a -8.66% move from the prior day. Les would be replacing Jeff McGonegal, who had dual roles as Riot’s CEO and the CFO. Community Sentiment. Well, as of the writing of this article, Riot Blockchain is one of the only cryptocurrency-based companies which is listed, and publicly traded on the NASDAQ. In addition to a career in the capital markets that has spanned over five decades, Mr. Marleau has previously served as a Governor of the Montreal and Vancouver stock exchanges, and as a Director of the Listing Committee for the Toronto Stock Exchange and Director of the Investment Dealers Association of Canada (now known as IIROC). Benjamin was elected Chairman of the Board and Chairman of the nominating and governance committee, in November 2020. Bitcoin mining company Riot Blockchain Inc (NASDAQ: RIOT) has named Jason Les as its new CEO. Hubert graduated from the University of Ottawa with an Honours Bachelor of Social Sciences in Economics. In his place, Jason Les, who has been on the Board of Directors since 2017 will step up to become the new CEO. March 27, 2018: Riot Blockchain bought Logical Brokerage Corp, a Miami-based futures introducing broker that is registered with the Commodity Futures Trading Commission (“CFTC”), as part of the company’s effort to launch a cryptocurrency exchange in the United States.. Riot Blockchain also won 500 Bitcoin from a U.S. Marshall’s Auction on January … Riot Blockchain Announces Appointment of Jason Les as CEO and Appointment of New Director February 08, 2021 08:45 ET | Source: Riot Blockchain, Inc. Riot Blockchain, Inc. Castle Rock, Colorado During his tenure, the Company's collective achievements to-date include the successful termination of the SEC investigation, the elimination of all corporate debt, and significantly improved financial and operational profiles. 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