Golden Finance reported that Nasdaq-listed Bitcoin mining company Riot Platforms, Inc. announced that it has signed a non-binding clause list, and its wholly-owned subsidiary Whinstone may acquire specific assets owned by Bitcoin mining company Rhodium Encore LLC in the Rockdale mine. Under the terms, Whinstone will provide Rhodium with a total consideration of $185 million, including $129.9 million in cash, a refund of Rhodium's electricity margin of $6.1 million, and a $49 million Riot shares, which will transfer all tangible property ownership at the Rockdale mine, including all ASIC miners. Whinstone and Rhodium will also each revoke all existing lawsuits, including appeals and waive all future claims not related to the completion of the transaction. Previously, Rhodium filed for voluntary bankruptcy in August last year under Chapter 11 of the U.S. Bankruptcy Court of the Southern District of Texas, disclosed up to $100 million in debt and sold its Temple mine for $40.6 million in December, but most of its mining machines were mainly entrusted in the Rockdale mine.