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Riot Platforms completes $525 million notes offering to fuel Bitcoin buying – TON BOT

Riot Platforms completes $525 million notes offering to fuel Bitcoin buying

Riot Platforms, a Bitcoin miner, completed a $525 million senior note offering to institutional investors. The notes mature in 2030 with a 0.75% interest rate and provisions for conversion into Riot’s common stock. The funds will fuel the company’s Bitcoin acquisition strategy, increasing its holdings to 12,000 Bitcoin valued at $1.2 billion.


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