{"id":4193,"date":"2024-12-13T15:12:36","date_gmt":"2024-12-13T15:12:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4193"},"modified":"2024-12-13T15:12:36","modified_gmt":"2024-12-13T15:12:36","slug":"riot-platforms-acquires-5117-bitcoin-for-510million","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4193","title":{"rendered":"Riot Platforms Acquires 5,117 Bitcoin For $510Million"},"content":{"rendered":"<div>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/12\/42466993\/bitcoin-miners-embrace-microstrategys-playbook-the-rise-of-btc-yield-strategies\">Bitcoin mining company<\/a> <strong>Riot Platforms<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/RIOT#NASDAQ\">RIOT<\/a>) on Friday announced the acquisition of 5,117 <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) for $510 million.<\/p>\n<p>The <a href=\"https:\/\/x.com\/RiotPlatforms\/status\/1867570759704420356\">purchase<\/a>, funded through the net proceeds of the company&#8217;s recent $525 million, 0.75% coupon convertible bond issuance, was made at an average price of $99,669 per Bitcoin, inclusive of fees and expenses.<\/p>\n<p>The recently announced private offering, set to mature in 2030 with a 0.75% interest rate, is intended to support further Bitcoin purchases and general corporate &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42485534\/riot-platforms-acquires-5117-bitcoin-for-510million\" alt=\"Riot\" platforms acquires bitcoin for>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin mining company Riot Platforms (NASDAQ:RIOT) on Friday announced the acquisition of 5,117 Bitcoin (CRYPTO: BTC) for $510 million. The purchase, funded through the net proceeds of the company&#8217;s recent $525 million, 0.75% coupon convertible bond issuance, was made at an average price of $99,669 per Bitcoin, inclusive of fees and expenses. The recently announced [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4193","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4193"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4193\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}