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Riot, Bitcoin
Riot Platforms raising $500M to buy Bitcoin amid price surge
Riot Platforms has announced that it proposes to raise $500 million to buy more Bitcoin. The company may conduct a private bond issue for qualified institutional investors. Its decision comes as Bitcoin hovers around its all-time high and other industry heavyweights have made large acquisitions at top price.
Riot Platforms To Raise $525 Million Via Private Convertible Debt To Purchase Bitcoins
Bitcoin mining company Riot Platforms, Inc (NASDAQ: RIOT) priced $525M convertible senior notes due 2030, with option for additional $75M. Upsized from $500M, closes 12/11/24.
Bitcoin Miner Riot Platforms Is Raising $500 Million to Buy More BTC
Riot aims to add more Bitcoin to its stash, which already ranks third-largest among publicly traded companies.
Riot Plans $500M Convertible Notes Offering to Fund Bitcoin Purchases
Riot Platforms plans to raise $500M through convertible notes to fund Bitcoin purchases and corporate initiatives.
Riot Platforms to Raise Over $500M Via Private Offering to Purchase More Bitcoin
Riot Platforms announces $500M convertible notes offering due 2030, plans to use proceeds for Bitcoin acquisition.
Riot Platforms price target raised to $16 from $9.50 at JPMorgan
JPMorgan analyst Reginald Smith raised the firm’s price target on Riot Platforms (RIOT) to $16 from $9.50 and keeps an Overweight rating on the
Riot Platforms prices upsized $525M senior convertible notes
Riot Platforms (NASDAQ:RIOT) priced its offering of $525M aggregate principal amount of its 0.75% convertible senior notes due 2030. The notes will be sold in a private offering only to qualified institutional buyers.
Crypto Briefing
10h
Riot Platforms completes $525M offering to buy Bitcoin
Riot completes a $525M offering to bolster Bitcoin acquisitions and operations, holding 12,000 Bitcoin, valued at $1.2B.
Hosted on MSN
2d
Michael Saylor hails Riot Platforms as a company on the Bitcoin Standard – Here’s why
Michael Saylor said the Riot company is on the Bitcoin standard, following its decision to offer a substantial amount of its ...
1d
What's Going On With Bitcoin Mining Stock Riot Platforms Tuesday?
Riot Platforms Inc (NASDAQ:RIOT) shares are seeing increased attention Tuesday after the company announced an upsized ...
5d
on MSN
Why Riot Platforms (RIOT) Is Among the Best Bitcoin and Blockchain Stocks to Buy Right Now
We recently published a list of 10 Best Bitcoin and Blockchain Stocks To Buy Right Now. In this article, we are going to take ...
Nairametrics
18h
3 US companies spend $3.26 billion buying Bitcoin in first week of December
Three Top US companies heavily involved in Bitcoin acquisition doled out a collective $3.26 billion to increase their Bitcoin ...
2d
MicroStrategy Purchases 21,550 Bitcoin for $2.1 Billion, Expanding Holdings to 423,650 Bitcoin
MicroStrategy, led by Michael Saylor, has continued its Bitcoin acquisition strategy, purchasing 21,550 BTC for $2.1 billion ...
TMCnet
2d
Datadog Announces Proposed Private Offering of $775 Million of Convertible Senior Notes
(Nasdaq: DDOG) ("Datadog"), the monitoring and security platform for cloud applications, today announced that it intends to ...
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