Riot platforms raises 500 million USD: Riot Platforms announced plans to raise 500 million USD with senior notes due in 2030. The initiative targets institutional investors seeking strategic BTC acquisition.

Increased institutional BTC acquisition: The initial purchasers are to receive an extra 75 million USD in total principal. This move signals rising institutional demand and positive sentiment toward BTC despite market challenges.

BTC faces pressure at 100,000 Threshold: This fundraising indicates Optimism in the BTC market, as further shown by MARA’s recent 130 million USD BTC acquisition. However, BTC struggles to stay above 100,000 USD, impacting market perception.