Item 2.02 - Results of Operations and Financial Condition.
On
Item 7.01 - Regulation FD Disclosure.
The Press Release includes information regarding Riot's financial position and business and operations. A copy the Press Release is attached hereto as Exhibit 99.1 and is also available on the "Investors" page of our website, www.riotblockchain.com, under the "News and Events - Press Releases" tab.
The information furnished pursuant to Item 2.02 and 7.01 of this Current Report on Form 8-K (this "Current Report"), including the exhibit attached hereto, shall not be deemed to be "filed" for the purposes of Section 18 of the Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Cautionary Note Regarding Forward-Looking Statements
Statements in this Report, including those made in the Press Release attached as
Exhibit 99.1 to this Report, that are not statements of historical fact may be
forward-looking statements that reflect management's current expectations,
assumptions and estimates of future performance and economic conditions. Such
statements are made in reliance on the safe harbor provisions of Section 27A of
the Securities Act and Section 21E of the Exchange Act. Words such as
"anticipates," "believes," "plans," "expects," "intends," "will," "potential,"
"hope" and similar expressions are intended to identify forward-looking
statements. The assumptions and expectations expressed in these forward-looking
statements are subject to various risks and uncertainties and, therefore, 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. These forward-looking
statements may include, but are not limited to, statements about the benefits of
our acquisitions, including our financial and operating results following these
acquisitions, and Riot's plans, objectives, expectations and intentions for the
future. Among the risks and uncertainties that could cause actual results to
differ from those expressed in forward-looking statements, include, without
limitation, risks related to: our estimates of bitcoin mining production are not
audited; our future hash rate growth (expressed in terms of hashes per second);
our anticipated benefits of immersion-cooling; our expected schedule of new
miner deliveries; our ability to successfully deploy the new bitcoin mining
computers we acquire; the timely completion of our expanded megawatt capacity
under development; the integration of acquired businesses may not be successful,
or such integration may take longer or be more difficult, time-consuming or
costly to accomplish than anticipated; failure to otherwise realize anticipated
efficiencies and strategic and financial benefits from our acquisitions; and the
impact of COVID-19 on us, our customers, or on our suppliers in connection with
our estimated timelines. Detailed information regarding other factors that may
cause actual results to differ materially from those expressed or implied by
statements in this Report, including the documents incorporated by reference
herein, may be found in Riot's filings with the
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number Description
99.1Riot Blockchain, Inc. Press Release datedAugust 15, 2022 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). S I G N A T U R E
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
RIOT BLOCKCHAIN, INC. By: /s/Jeffrey McGonegal Name :Jeffrey McGonegal Title: Chief Financial Officer
Date:
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