Summary by Futu AI
On December 31, 2023, BlackRock, Inc., a Delaware-based investment management corporation, filed an amended Schedule 13G with the Securities and Exchange Commission (SEC), disclosing a 7.5% ownership stake in Riot Platforms, Inc., a company specializing in blockchain technology and cryptocurrency mining. The filing, which indicates BlackRock's beneficial ownership of 15,485,510 shares of Riot Platforms' common stock, was made in accordance with SEC Rule 13d-1(b), typically used by passive investors. BlackRock's filing suggests that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Riot Platforms. The address of Riot Platforms' principal executive offices is listed as 3855 Ambrosia Street, Suite 301, Castle Rock, CO 80109. The filing was signed by Spencer Fleming, Attorney-In-Fact for BlackRock, Inc., and dated January 26, 2024.