Riot, Bitcoin

Riot Platforms raising $500M to buy Bitcoin amid price surge
Riot Platforms has announced that it proposes to raise $500 million to buy more Bitcoin. The company may conduct a private bond issue for qualified institutional investors. Its decision comes as Bitcoin hovers around its all-time high and other industry heavyweights have made large acquisitions at top price.
Riot Platforms To Raise $525 Million Via Private Convertible Debt To Purchase Bitcoins
Bitcoin mining company Riot Platforms, Inc (NASDAQ:RIOT) priced its upsized private offering of $525 million 0.75% convertible senior notes due 2030. Riot also granted the notes’ initial purchasers an option to purchase up to an additional $75 million in aggregate principal amount of the notes.
Riot Plans $500M Convertible Notes Offering to Fund Bitcoin Purchases
Riot Platforms plans to raise $500M through convertible notes to fund Bitcoin purchases and corporate initiatives.
Riot Platforms Joins Crypto Firms in Debt-Fueled Bitcoin Buying
Riot Platforms seeks to raise $500 million through a convertible note offering. The primary purpose of these funds is to acquire additional Bitcoin. Riot joins
Bitcoin Miner Riot Platforms Is Raising $500 Million to Buy More BTC
Riot aims to add more Bitcoin to its stash, which already ranks third-largest among publicly traded companies.
Riot Platforms price target raised to $16 from $9.50 at JPMorgan
JPMorgan analyst Reginald Smith raised the firm’s price target on Riot Platforms (RIOT) to $16 from $9.50 and keeps an Overweight rating on the
Riot Platforms prices upsized $525M senior convertible notes
Riot Platforms (NASDAQ:RIOT) priced its offering of $525M aggregate principal amount of its 0.75% convertible senior notes due 2030. The notes will be sold in a private offering only to qualified institutional buyers.
cryptopolitan2d
Michael Saylor hails Riot Platforms as a company on the Bitcoin Standard – Here’s why
Michael Saylor said the Riot company is on the Bitcoin standard, following its decision to offer a substantial amount of its ...
What's Going On With Bitcoin Mining Stock Riot Platforms Tuesday?
Riot Platforms Inc (NASDAQ:RIOT) shares are seeing increased attention Tuesday after the company announced an upsized ...
Why Riot Platforms (RIOT) Is Among the Best Bitcoin and Blockchain Stocks to Buy Right Now
We recently published a list of 10 Best Bitcoin and Blockchain Stocks To Buy Right Now. In this article, we are going to take ...
Nairametrics6h
3 US companies spend $3.26 billion buying Bitcoin in first week of December
Three Top US companies heavily involved in Bitcoin acquisition doled out a collective $3.26 billion to increase their Bitcoin ...
Why Riot Platforms Stock Tumbled by 14% Today
Riot closed the day 14% lower in price, comparing unfavorably to the relatively mild (0.6%) decline of the benchmark S&P 500 ...
MicroStrategy Buys Another $2.1 Billion Worth of Bitcoin
The company spent roughly $2.1 billion to add 21,550 bitcoins to its stash that has now grown to 423,650 BTC, and is worth ...
What's Going On With Riot Platforms Shares Monday?
Riot Platforms, Inc. (NASDAQ:RIOT) stock is trading lower on Monday after the company announced a $500 million convertible ...
TMCnet2d
Datadog Announces Proposed Private Offering of $775 Million of Convertible Senior Notes
(Nasdaq: DDOG) ("Datadog"), the monitoring and security platform for cloud applications, today announced that it intends to ...