What’s Going On With Bitcoin Mining Stock Riot Platforms Today?
Posted On December 16, 2024
Riot Platforms Inc (NASDAQ:RIOT) shares are trading higher. The company on Monday announced the closing of a convertible senior notes offering.
What Happened: Riot said it completed its previously announced offering of 0.75% convertible senior notes due 2030. The company sold $594.4 million aggregate principal amount of the notes in a private offering to institutional buyers.
Riot said it received net proceeds of approximately $579.2 million from the offering. The company on Monday announced that it already deployed …
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