📣 #Riot  Platforms Follows #MicroStrategy  with a $500 Million #Bitcoin  Funding Plan!

#RiotPlatforms  is making waves in the #crypto world by unveiling a massive $500 million Bitcoin financing initiative, echoing MicroStrategy's bold strategy. 

👀 Is this the start of a new institutional Bitcoin accumulation race?

👉 Stay tuned for updates on this game-changing development!

JUST IN: #RiotPlatforms raised $594M through a 0.75% convertible bond issue, using proceeds to acquire 667 $BTC at an average price of $101,135.
Riot now holds 17,429 BTC, valued at $1.8B.

Overview of Important Overnight Developments on December 14

21:00-7:00 Hot Keywords: #OpenAI , #Vitalik , #RiotPlatforms

1. Proposal from Japanese lawmakers: Suggest establishing a national Bitcoin reserve to promote the upgrade of digital currency strategy;
2. Bit Global lawsuit: Initiated legal action against Coinbase for delisting WBTC;
3. OpenAI founder: According to foreign media reports, will donate $1 million to Trump's inauguration fund;
4. Vitalik and Tencent AI: Showcased AI videos created using Tencent's Hunyuan large model, receiving high praise;
5. Riot Platforms' big move: Acquired 5,117 Bitcoins for $510 million, continuing to expand mining operations;
6. VanEck releases forecast: Outlook for the top 10 crypto trends in 2025, predicts the U.S. will embrace Bitcoin through strategic reserves;
7. French Hill's statement: Will introduce a comprehensive crypto market structure bill within 100 days before the legislative meeting;
8. U.S. House of Representatives pending: Intense competition for the chair position of the digital assets subcommittee, with multiple candidates emerging.

📈 In the last 24 hours: MicroStrategy, Metaplanet, Riot Platforms, and Semler Scientific collectively stacked 16,352 $BTC —cementing #bitcoin☀️ as their premier corporate treasury asset.

#BTC☀ #MicroStrategy #metaplanet #RiotPlatforms

$BTC $ETH $XRP Despite announcing a strategic Bitcoin purchase plan, Riot Platforms’ shares fell nearly 10%. At the market opening on Dec. 9, the miner stock dropped by 7.1% to $12.03, reflecting a broader decline in crypto-related equities such as Coinbase, Marathon Digital, and CleanSpark, as reported by Yahoo Finance. #RiotPlatforms #RIOT

💰 Riot Platforms (@RiotPlatforms) just bought 705 $BTC ($68.45M)! It seems that Bitcoin is delicious again! 🍔

It turns out that they planned to issue $500 million in convertible senior notes before. Why? Of course, it was for crazy shopping! 💸

Riot: I want all Bitcoin! 🐂

👉 https://intel.arkm.com/explorer/entity/riot-platforms

#币圈动态 #比特币 #RiotPlatforms #链圈热点 #财富密码

💸 #Lookonchain : On-chain data reveals that Riot Platforms has purchased 705 $BTC ($68.45M) within the last 3 hours.

On Dec 9, Riot announced a private offering of $500 million in convertible senior notes, primarily aimed at #Bitcoin❗ acquisitions and general corporate purposes.

#RiotPlatforms #Mining

🚀 Riot Platforms shares are surging after an activist investor pushed the Bitcoin miner to diversify into hyperscalers, according to the WSJ, a strategy that could transform the crypto mining industry. #Bitcoin #RiotPlatforms #Crypto #Innovation