Riot Platforms plans to issue convertible senior notes to raise $500 million for the purchase of Bitcoin

Dec 09, 2024 20:07:20

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ChainCatcher news, according to official news, Nasdaq-listed Bitcoin mining company Riot Platforms announced plans to raise $500 million through the issuance of convertible preferred notes. The company intends to use the net proceeds from this issuance to purchase additional Bitcoin and for general corporate purposes.

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