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Bitcoin Miner Riot Platforms Drops ‘Blockchain’ in Rebrand

Riot Blockchain, one of the largest bitcoin miners in the industry, is rebranding its name to Riot Platforms to reflect the company's diversified business operations, it said in a statement on Tuesday.

"The scope and scale of our businesses continues to expand, and this rebranding better reflects our position as strategic allocators of capital to increasingly broaden the scope of our Bitcoin-focused operations," said Riot Platforms CEO Jason Les.

Hosting provider Applied Digital, formerly known as Applied Blockchain, similarly dropped the word "blockchain" from its title to reflect its shift away from being completely crypto-focused.

(by Catarina Moura)

Bitcoin Miner Blockchain
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