Riot Plans $500M Convertible Notes Offering to Fund Bitcoin Purchases
2025-07-03 22:32:07
Description
Bitcoin infrastructure firm Riot Platforms has unveiled plans to raise $500M through convertible senior notes in a private offering for institutional investors. This decision comes as Bitcoin trades near its all-time high and other major industry players make substantial acquisitions at peak prices. Riot Platforms Targets $500M Offering to Fund Bitcoin Acquisitions: What Investors Need to Know On Monday, the firm revealed that it proposed a private offering of $500 million worth of convertible s...
$OP
$0.5636
--2.83%
$FORM
$2.7956
--2.32%
$BTC
$108912.7
--0.35%
Latest News
- SEC Freezes Grayscale Digital Fund ETF Conversion One Day After Approval — What Changed?2025-07-04 05:51:13
- Algorand Dominates 70% of RWA Market as Stablecoins Surge 137% – Can ALGO Hit $0.20?2025-07-04 05:50:32
- ChatGPT Predicts XRP, Pepe and Dogecoin Prices by End of 20252025-07-04 05:50:28
- PENGU Memecoin Nets 850M Daily Views – Will a $0.02 Breakout Mirror PEPE’s Explosion?2025-07-04 05:50:27
- ChatGPT’s 42-Signal TRX Analysis Flags Corporate Treasury Milestone2025-07-04 05:50:25