Riot Platform Issues $594M Convertible Notes... Acquires 667 BTC
BTC miner Riot Platform has issued $594 million in convertible notes, purchasing 667 BTC at an exercise price of $101,135, according to an announcement on its official X. The company has now acquired 667 BTC at an exercise price of $101,135. This brings its total holdings to 17,429 BTC, valued at $1.8 billion at the current BTC market price of $103,873. This acquisition and annualized mining production has resulted in a BTC per share return of 36.7% quarterly and 37.2% year-to-date."
