PANews December 13 news, Riot Platforms announced that it will use the proceeds from the recently issued $525 million convertible bonds with a 0.75% interest rate to purchase 5,117 bitcoins at an average price of $99,669 per bitcoin (including fees). This acquisition increases its total bitcoin holdings to 16,728, with a total market value of approximately $1.68 billion based on the current market price of $100,303 per bitcoin.
Riot Platforms CEO Jason Les clarified in a tweet that the company's current total holding of 16,728 bitcoins includes the monthly bitcoin production up to December 11.