PANews December 16 news, Bitcoin mining company Riot Platforms announced that it will use the funds from the recently issued $594 million convertible bonds with a 0.75% interest rate to purchase 667 Bitcoins at an average price of $101,135 per Bitcoin (total expenditure approximately $67.457 million). This acquisition increases its total Bitcoin holdings to 17,429, with a total market value of approximately $1.8 billion based on the current market price of $17,429 per Bitcoin. Through this acquisition and mining production from the beginning of the year to date, Riot's BTC yield is 36.7% for the quarter to date and 37.2% year to date.
