As of July 31, the firm's unaudited BTC balance stood at 2,687 BTC (approximately $132.6 million). The firm also reported a 38% increase in the total number of BTC it mined compared to the previous quarter, with Riot generating 675 BTC compared to 491 BTC in Q1. Riot Blockchain CEO, Jason Les, attributed the firm's bumper results to its early April acquisition of Whinstone U.S. — the single largest BTC mining facility based in Texas, stating: "Riot is aggressively expanding its capacity at Whinstone, which is expected to provide the critical infrastructure necessary to successfully execute on driving continued growth for the company."