- Riot Platforms announced that it issued convertible bonds worth $594 million to purchase 667 BTC.
- With this BTC purchase, Riot Platforms now holds a total of 17,429 BTC, amounting to approximately $1.8 billion.
- This move is seen as a strategic decision by Riot Platforms to increase its Bitcoin holdings.
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- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Riot Platforms, a leading Bitcoin (BTC) mining company in the United States, announced that it has issued convertible bonds to purchase an additional 667 BTC.
On the 16th, Riot Platforms stated on X (formerly Twitter), "We issued convertible bonds worth $594 million to purchase 667 BTC at an average price of $101,135."
Riot currently holds a total of 17,429 BTC, which is approximately $1.8 billion.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.PiCK News
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