Riot Blockchain sells 250 bitcoins in April, netting about $10 million

 Bitcoin mining and hosting company Riot Blockchain announced that it raised about $10 million in April through the sale of 250 bitcoins, and the company is moving ahead with massive expansion plans, selling for $9.4 million in March. 200 bitcoins were issued. The sales were a fraction of the bitcoin held by Riot, which stood at 6,320 at the end of April, up from 6,062 a month earlier. The news comes after the miner announced plans to develop a 1 gigawatt (GW) project in Navarro County, Texas, at a total cost of $333 million for the first phase, with investment planned over the next two years. (CoinDesk)