Tag: Crypto

Riot Platforms VP Calls Firm’s Bitcoin Reserve ‘Most Capital-Efficient Source Of Funding’ For Its Data Center Business

Riot Platforms Inc. (NASDAQ:RIOT) leveraged its Bitcoin (CRYPTO: BTC) holdings to finance its data center development, the company’s Executive Vice President Jason Chung said on Thursday. RIOT Entirely Relying On Balance Sheet For CapEx Needs During Riot’s first-quarter earnings call, Chung outlined the funding strategy for the data center business, emphasizing...
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