Aug. 9, 2022, 9:30 PM
Riot Blockchain says it needs additional opportunity to finish its altruism debilitation evaluation, and hopes to record its quarterly report with the SEC inside the five-day expansion period.
Riot Blockchain “is required to perform goodwill impairment assessments at least annually, and more frequently if indicators of impairment exist,” the organization said in the filing”In reaction to ongoing unfriendly changes in business environment, remembering diminishes for the cost of Bitcoin and expanded unpredictability of value markets, as confirmed by decreases in the market cost of the Registrant’s protections, those of its companions, and significant market lists, the not entirely set in stone …
Meghan Genovese
Bloomberg News
© 2022 The Bureau of National Affairs, Inc.
All Rights Reserved
