RIOT) Voting recommendations for shares for upcoming extraordinary shareholder meetings

Riot Blockchain (NASDAQ: RIOT ), an industry leader in Bitcoin mining and data center hosting, has announced voting recommendations for its special meeting of shareholders scheduled for November. According to the announcement, three independent proxy advisory firms that provide voting recommendations to institutional investors — Institutional Shareholder Services; Glass, Lewis & Co.; and Egan-Jones Proxy Services – have recommended that RIOT stockholders vote in favor of Proposal No. 1, which would increase the number of shares of Riot stock authorized for issuance. The company’s board has also given the same recommendation. The company noted that voting in favor of the proposal does not ensure that the newly authorized shares will be issued, it only makes the shares available if they are needed to finance opportunities such as corporate acquisitions, public or private offerings of shares, and attracting and retaining top talent. The company also noted that the deadline for voting by proxy is 16 November 2022 at 11:59 PM ET. The special meeting itself is scheduled to start at 9 a.m. ET November 17, 2022.

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About Riot Blockchain Inc.

Riot Blockchain’s vision is to be the world’s leading Bitcoin-powered infrastructure platform. The company’s mission is to positively influence the sectors, networks and communities it touches. The company believes that through the combination of an innovative spirit and a strong community partnership, it can achieve best-in-class execution and create successful results.

Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. Riot Blockchain has Bitcoin mining data center operations in Central Texas, Bitcoin mining in Central Texas, and electrical switchgear and fabrication operations in Denver, Colorado. For more information about the company, visit www.RiotBlockchain.com.

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