Riot Plans $500M Convertible Notes Offering to Fund Bitcoin Purchases

Dec. 9, 2024, 9:42 p.m. 4 weeks, 1 day ago

Riot Plans $500M Convertible Notes Offering to Fund Bitcoin Purchases. Riot Platforms plans to raise $500 million through a private offering of convertible senior notes, aimed at institutional investors, to fund Bitcoin acquisitions and support corporate initiatives as the cryptocurrency market approaches all-time highs.


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Riot

Riot


Riot Blockchain, primarily known for Bitcoin mining, focuses on building and supporting …