Close Menu
Cryprovideos
    What's Hot

    Will Elon Musk Decide XRP Over Dogecoin For X Funds? Market Professional Solutions | Bitcoinist.com

    June 7, 2025

    Why Coinbase Introduced Dogecoin and XRP to Ethereum Community Base – Decrypt

    June 7, 2025

    Trump touts memecoin as sentiment gauge as $520M unlock nears

    June 7, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Bitcoin»Riot Platforms Acquires 5,117 Bitcoin Utilizing Proceeds From Convertible Senior Notes
    Riot Platforms Acquires 5,117 Bitcoin Utilizing Proceeds From Convertible Senior Notes
    Bitcoin

    Riot Platforms Acquires 5,117 Bitcoin Utilizing Proceeds From Convertible Senior Notes

    By Crypto EditorDecember 13, 2024No Comments1 Min Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Riot Platforms (NASDAQ:RIOT) has acquired 5,117 Bitcoin between December tenth and December twelfth, 2024, at a price of $510 million, bringing its whole holdings to 16,728 as of December twelfth. 

    With the online proceeds from Riot’s current $525 million, 0.75% coupon convertible bond difficulty, the Firm has acquired 5,117 BTC at a mean value of $99,669 per BTC, inclusive of charges and bills. In consequence, Riot has elevated its holdings to 16,728 BTC, presently valued at… pic.twitter.com/Fi6x5hnNDR

    — Riot Platforms, Inc. (@RiotPlatforms) December 13, 2024

    The corporate funded the acquisition utilizing proceeds from its 0.75% convertible senior notes due in 2030 and money reserves. 

    The typical value paid per Bitcoin, together with charges, was roughly $99,669.

    Moreover, Riot’s inventory elevated by 5% on Thursday following a Wall Avenue Journal report that activist investor Starboard Worth has taken a major stake within the firm. 

    The report suggests Starboard is advocating for Riot to repurpose a few of its mining operations to serve hyperscale information heart purchasers, a transfer geared toward enhancing operational effectivity, based on sources.

    Share this text

    The hyperlink has been copied!





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Are We Witnessing the Last Bitcoin Cycle as We Know It?

    June 7, 2025

    Bitcoin Golden Cross Sample Says The Crash To $100,000 Is Regular – What To Count on Subsequent

    June 7, 2025

    Is a Bitcoin value rally to $150K attainable by yr's finish?

    June 7, 2025

    The most effective DOGE and BTC cloud mining platform in 2025, simply earn $16,777 a day

    June 7, 2025
    Latest Posts

    Are We Witnessing the Last Bitcoin Cycle as We Know It?

    June 7, 2025

    Bitcoin Golden Cross Sample Says The Crash To $100,000 Is Regular – What To Count on Subsequent

    June 7, 2025

    Is a Bitcoin value rally to $150K attainable by yr's finish?

    June 7, 2025

    The most effective DOGE and BTC cloud mining platform in 2025, simply earn $16,777 a day

    June 7, 2025

    Bitcoin Holds Above $100K, However Analyst Sees Bother Brewing

    June 7, 2025

    Pepe Worth Prediction: $PEPE Declines as Bitcoin Hyper Emerges as a Prime Presale Decide

    June 7, 2025

    Circle Inventory Climbs: CRCL Quadruples IPO Value as Bitcoin Regains – Decrypt

    June 7, 2025

    Bitcoin DeFi platform Alex Protocol loses $8.3M to take advantage of

    June 7, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Social Engineering Scams Costing Coinbase Customers $300,000,000+ per 12 months: On-Chain Analyst – The Each day Hodl

    February 5, 2025

    Binance Receives $2,000,000,000 Funding From Abu Dhabi Funding Agency MGX – The Every day Hodl

    March 12, 2025

    New Crypto to Purchase as Blackrock’s Larry Fink Says Bitcoin to Substitute the USD

    April 1, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.