With share price outpacing Bitcoin, Riot Blockchain appoints new director

With share price outpacing Bitcoin, Riot Blockchain appoints new director


Last week, as share prices ripped upwards of 50% to levels not seen since the 2018 cryptocurrency bullrun, Riot Blockchain (NASDAQ: RIOT) appointed former director of the listing committee for the Toronto Stock Exchange Hubert Marleau to the Riot board of directors. 

The Colorado-based firm was in the market for a new director after the departure of former Canadian Cabinet member Remo Mancini. Marleau brings a wide range of regulatory and governing experience to Riot, having also served as governor of the Montreal and Vancouver stock exchanges. Marleau also boasts a strong academic background, and he currently serves as a chair for a lecture series in his name at the University of Ottawa.

Marleau’s appointment comes amid an unusually strong week for RIOT share price. RIOT closed at $6 even after opening the week at $4.10, easily outpacing Bitcoin’s nearly 20% rise. On the year, RIOT is up nearly 500% from $1.22.

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Appointing a new director is not the

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