#NewsAboutCryptoOfThisYear

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Riot Platforms Buys 5,117 Bitcoin for $510M

With the net proceeds from Riot's recent $525 million, 0.75% coupon convertible bond issue, the Company has acquired 5,117 BTC at an average price of $99,669 per BTC, inclusive of fees and expenses. As a result, Riot has increased its holdings to 16,728 BTC, currently valued at approximately $1.68 billion based on the current market price of BTC of $100,303.