Riot Platforms Raises $594.4 Million Through Senior Notes Offering, Expands Bitcoin Reserves

1 month ago 29

Riot Platforms, Inc. (Nasdaq: RIOT), a leading Bitcoin mining company, has successfully completed its upsized $594.4 million convertible senior notes offering, with net proceeds of $579.2 million after expenses. The funds have been strategically deployed to expand Riot’s Bitcoin reserves, reinforcing the company’s long-term vision of maximizing shareholder value and cementing its role in the…

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