On-chain data reveals that Riot Platforms (@RiotPlatforms) has acquired 705 $BTC (worth $68.45M) in the past 5 hours. On December 9, Riot announced plans for a private offering of $500 million in convertible senior notes, primarily intended for Bitcoin acquisitions and general corporate purposes.

The associated address is 1JfNy9iKYhdUGWfE6NKDX5DZTgRW6EDeh6.
#BTC