Bitcoin miner Riot delays annual report to restate results | – #Bitcoin #miner #Riot #delays #annual #report #restate #results
March 2 (Reuters) – Bitcoin miner Riot Platforms Inc ( RIOT.O ) said on Thursday it expects to delay its annual financial report as it needs to correct errors found in previous financial reports.
In regulatory filings, Riot already filed financial statements for the quarters ending March, June and September 2021 and 2022. trust said it couldn’t be done because it miscalculated the depreciation associated with bitcoin assets.
Riot’s shares were down about 1% in after-hours trading.
Cryptocurrency miner annual report USA It expects to submit within 15 days of receipt from the Securities and Exchange Commission.
Reporting by Anirban Chakroborti in Bengaluru; Edited by Maju Samuel
Our standards: Thomson Reuters Trust Principles.
2023-03-03 07:36:15
Source – reuters
Translation“24 HOURS”