Riot Platforms to Raise Funds for Bitcoin Acquisition

by CryptoExpert

December 9, 2024

in Mining

Riot Platforms to Raise Funds for Bitcoin Acquisition

Riot Platforms, Inc. announced a proposed $500 million private offering of convertible senior notes to fund bitcoin acquisitions and corporate initiatives. Riot Announces $500 Million Private Note Offering Riot Platforms, Inc. (Nasdaq: RIOT), a bitcoin mining company, disclosed plans for a $500 million private offering of convertible senior notes due 2030. The offering, subject to […]

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This Group of Four Now Dominates Over 70% of a Key Blockchain Resource

Bitcoin miner CleanSpark signed a $6.6B AI lease before securing the $2.1B required to build it

Bitcoin miners are pivoting to AI, so why is the hashrate near ATHs?

Tags: Bitcoin

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This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on...