Riot platforms to offer 500 million USD notes: riot platforms intends to issue 500 million USD in convertible senior notes due by 2030, aimed at institutional investors. the offering includes an option for an additional 75 million USD, focusing on strengthening their Bitcoin acquisition strategy.

Riot’s BTC holdings and hash rate increase: riot platforms recently increased its Bitcoin holdings by 5%, reaching 11,425 BTC. in november 2024, the company mined 495 Bitcoins, boosting its hash rate to approximately 30.8 eh/s across its mining facilities in rockdale, corsicana, and kentucky.