December 19, 2017 / 1:37 PM / a year ago

BRIEF-Riot Blockchain Announces $37 Million Private Placement

Dec 19 (Reuters) - Riot Blockchain Inc:

* RIOT BLOCKCHAIN ANNOUNCES $37 MILLION PRIVATE PLACEMENT

* RIOT BLOCKCHAIN INC - $37 MILLION IN GROSS PROCEEDS FROM INVESTMENT WILL BE USED FOR EXPANSION OF COMPANY’S BITCOIN MINING OPERATIONS

* RIOT BLOCKCHAIN - ENTERED INTO SUBSCRIPTION AGREEMENTS WITH ACCREDITED INVESTORS FOR PURCHASE OF 1.6 MILLION RESTRICTED UNITS OF CO AT $22.50 PER UNIT Source text for Eikon: Further company coverage:

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