On March 24, according to TheMinerMag, Riot Platforms plans to acquire Rhodium Encore's Bitcoin mining facility assets in Rockdale, Texas, for $185 million to resolve litigation disputes between the two companies. According to Riot's statement released on Friday, its subsidiary Whinstone US has signed a non-binding term sheet to acquire Rhodium's tangible assets in Rockdale, including ASIC mining machines and 125 megawatts of power capacity. The transaction plan includes Riot paying $129.9 million in cash, returning a $6.1 million power security deposit, and issuing Riot stocks worth $49 million. If the transaction is completed, Rhodium will vacate the Rockdale site within three working days after the transaction closes and transfer all on-site equipment to Riot.