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Riot Platforms completes $525 million notes offering to fuel Bitcoin buying
Bitcoin (BTC) miner Riot Platforms has successfully completed a $525 million senior note offering, according to a Dec. 11 filing with the SEC. The notes, which mature in 2030 and carry a 0.75% interest rate, […]
Mining
Bitmain launches US production line to outmaneuver geopolitical trade tensions
Bitcoin mining hardware giant Bitmain announced the launch of a new US-based production line, a strategic move aimed at mitigating delays caused by customs holds and navigating escalating trade tensions. In a Dec. 9 statement, […]
Mining
Mining
Riot Platforms shares dip despite $500 million Bitcoin acquisition strategy
Despite announcing a strategic Bitcoin purchase plan, Riot Platforms’ shares fell nearly 10%. At the market opening on Dec. 9, the miner stock dropped by 7.1% to $12.03, reflecting a broader decline in crypto-related equities […]
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Mining
Marathon Digital eyes Bitcoin growth with $700 million in convertible notes
Bitcoin miner Marathon Digital plans to privately issue $700 million in convertible senior notes due in 2030, according to a Nov. 18 statement. The offering, subject to market conditions, includes an additional $105 million purchase […]
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