🚀 Riot Platforms boosts its Bitcoin stash! The Colorado-based crypto miner has snagged 5,117 BTC for a whopping $510 million, thanks to a $525 million convertible bond issue. This move ups Riot's total holdings to 16,728 BTC, valued at around $1.68 billion. 📈
- Riot follows the "MicroStrategy" playbook, joining other firms like Marathon Digital and Boyaa Interactive in betting big on Bitcoin.
- Analysts predict BTC could hit $200k by 2025, driven by national adoption and strategic reserves.
What do you think of Riot's strategy? Share your thoughts below!