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Riot, Bitcoin
Riot Platforms raising $500M to buy Bitcoin amid price surge
Bitcoin miner Riot Platforms aims to raise $500 million through convertible bonds to buy Bitcoin. The move follows other major crypto acquisitions as Bitcoin nears its all-time high.
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 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
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 To Privately Place $500 Mln Of Convertible Sr. Notes; Stock Down 6% In Pre-market
(RTTNews) - Riot Platforms, Inc. (RIOT), Monday said that it intends to privately offer $500 million convertible senior notes due 2030. The Bitcoin mining and digital infrastructure company's shares were down more than 6 percent in pre-market trading.
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.
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2d
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 ...
Crypto Briefing
6h
Riot Platforms completes $525M offering to buy Bitcoin
Riot completes a $525M offering to bolster Bitcoin acquisitions and operations, holding 12,000 Bitcoin, valued at $1.2B.
2d
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 ...
Nairametrics
14h
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 ...
CoinDesk
2d
MicroStrategy Makes Another Large Bitcoin Purchase, Buying 21,550 BTC for $2.1B
The latest buying spree brought the firm's BTC holdings to 423,650, or nearly $42 billion worth at current prices. Led by ...
https//beincrypto.com
2d
Riot Platforms Follows MicroStrategy with $500 Million Bitcoin Funding Plan
Riot Platforms raises $500 million via convertible notes to expand Bitcoin reserves and mining operations. Learn about their crypto strategy.
9d
Riot Platforms’ Strategic Shift: Diversifying from Bitcoin Mining to High-Performance Computing
Riot Platforms (RIOT – Research Report), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Darren Aftahi from ...
TMCnet
2d
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 ...
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