Riot Platforms acquires 5,117 BTC with proceeds from bonds issued for $525 million

Bitcoin news: Riot Platforms now holds 16,728 BTC valued at $1.68 billion based on Bitcoin price today which is at $100,303

By Jehoshua SheyDec 13, 2024 at 3:22 PMUpdated Dec 24, 2024 at 6:16 PM

Riot Platforms acquires 5,117 BTC with proceeds from bonds issued for $525 million — Image Credit: X (@RiotPlatforms)

Bitcoin mining giant, Riot Platforms Inc. has announced that they have just acquired an additional 5,117 BTC at an average price of $99,669 per BTC. This brings the company's total Bitcoin holdings to 16,728 BTC worth around $1.68 billion based on the current price of BTC at $100,300.

More to follow...