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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Riot Platforms shares dip despite $500 million Bitcoin acquisition strategy
Despite announcing a strategic Bitcoin purchase plan, Riot Platforms’ shares fell nearly 10%.At the market opening on Dec. 9, the...