Foresight News reports that Bitcoin mining company Riot Platforms has announced the completion of a $594.4 million convertible senior note offering. After deducting the initial purchaser's discount and commissions, as well as estimated issuance costs to be paid by Riot, the net proceeds from the issuance of the 2030 notes are approximately $579.2 million. Riot has used most of the net proceeds from this offering to purchase additional Bitcoin.

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