If it follows through with its proposal, Riot Platforms will join many of its colleagues in paying top prices for BTC.

Cointelegraph

Riot Platforms raising $500M to buy Bitcoin amid price surge

The post Riot Platforms raising $500M to buy Bitcoin amid price surge appeared first on Daily Truth Report • DailyTruthReport.com.

Michael Saylor said the Riot company is on the Bitcoin standard, following its decision to offer a substantial amount of its convertible senior notes in a private offering, whose proceeds would be used to buy additional Bitcoin. According to a recent press release, Riot Platforms, a leading...

CryptoPanic

Michael Saylor hails Riot Platforms as a company on the Bitcoin Standard – Here’s why

A rally across cryptocurrencies has made winners out of a handful of firms in the sector that followed MicroStrategy Inc.’s playbook of selling …

Cryptocurrency News | Cryptocurrency Prices | Market Cap

Firms Ride Bitcoin Wave to Raise Billions From Convertible Debt

Michael Saylor said the Riot company is on the Bitcoin standard, following its decision to offer a substantial amount of its convertible senior notes in a private offering, whose proceeds would be used to buy additional Bitcoin. According to a recent press release, Riot Platforms, a leading Bitcoin mining and digital infrastructure firm with a market value of $4.3 billion, is planning to hold a private offering of $500 million in convertible sen…

coinstats.app

CoinStats - Michael Saylor hails Riot Platforms as a comp...

Riot Platforms Inc. (NASDAQ: RIOT), a major cryptocurrency mining company based in Colorado, announced earlier today that it plans to offer $500 million of convertible senior notes due 2030. The $4.3 billion company intends to involve institutional buyers in a private offering, with a three-day day option to purchase up to $75 million of the notes. The company specified that the proceeds of the offering will be used to acquire additional Bitcoin…

Morning News

Riot Platforms Bitcoin Strategy Strengthens with $500M Convertible Notes Offering

Green Stock News for the New Green Economy.

Green Stock News

Riot Platforms Announces Proposed Private Offering of $500 Million of Convertible Senior Notes

Despite announcing a strategic Bitcoin purchase plan, Riot Platforms’ shares fell nearly 10%. At the market opening on Dec. 9, the miner stock dropped by 7.1% to $12.03, reflecting a broader decline in crypto-related equities such as Coinbase, Marathon Digital, and CleanSpark, as reported by Yahoo Finance. This contrasts with the broader crypto market’s upward trend, where Bitcoin’s price rose by 0.33% in the past 24 hours to trade at $99,940 as…

CryptoSlate

Riot Platforms shares dip despite $500 million Bitcoin acquisition strategy

The crypto market is once again making headlines, with
Riot Platforms announcing its intention to raise $500 million to acquire more
Bitcoin. This decision comes during a historic rally in the cryptocurrency
ecosystem, as Bitcoin's price recently reached an all-time high. Riot's move reflects growing confidence in Bitcoin's
long-term potential, even as the stakes continue to rise. In a recent update, Riot Platforms
revealed plans to raise the ca…

Finance Magnates | Financial and business news

What's Next for Bitcoin? Riot Platforms Raises $500M to Invest in Crypto's Rise

The mining business wants to provide the initial buyers of the notes an extra $75 million in total principal. Convertible senior notes maturing in 2030 worth $500 million were proposed for private sale.  Riot Platforms, a Bitcoin miner, has stated that it would be raising $500 million to speed up its Bitcoin acquisition strategy. Convertible senior notes maturing in 2030 worth $500 million were proposed for private sale to eligible institutional…

TheNewsCrypto - Blockchain & Cryptocurreny News Media | Crypto Guide

Riot Platforms Announces $500M Fundraising to Accelerate BTC Acquisition

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 […]

Riot Platforms raising $500M to buy Bitcoin amid price surge

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