{"id":88330,"date":"2026-05-01T06:53:36","date_gmt":"2026-05-01T06:53:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=88330"},"modified":"2026-05-01T06:53:36","modified_gmt":"2026-05-01T06:53:36","slug":"riot-platforms-vp-calls-firms-bitcoin-reserve-most-capital-efficient-source-of-funding-for-its-data-center-business","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=88330","title":{"rendered":"Riot Platforms VP Calls Firm&#8217;s Bitcoin Reserve &#8216;Most Capital-Efficient Source Of Funding&#8217; For Its Data Center Business"},"content":{"rendered":"<div>\n<p><strong>Riot Platforms Inc.\u00a0<\/strong><a href=\"https:\/\/www.benzinga.com\/quote\/RIOT\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"RIOT\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/RIOT\">RIOT<\/a>)\u00a0leveraged its <strong>Bitcoin <\/strong><a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) holdings to finance its data center development, the company\u2019s Executive Vice President <strong>Jason Chung<\/strong> said on Thursday.<\/p>\n<h2 class=\"wp-block-heading\">RIOT Entirely Relying On Balance Sheet For CapEx Needs<\/h2>\n<p>During Riot\u2019s first-quarter <a href=\"https:\/\/www.benzinga.com\/insights\/news\/26\/04\/52201518\/riot-platforms-q1-2026-earnings-call-complete-transcript\">earnings call<\/a>, Chung outlined the funding strategy for the data center business, emphasizing strong reliance on its existing balance sheet.<\/p>\n<p>\u201cDuring the quarter, we funded this CapEx through a disciplined sale of a portion of our Bitcoin holdings, the most capital-efficient source of funding currently available to us,\u201d Chung said. <\/p>\n<p>Chung added that Riot didn\u2019t have to issue any common\u00a0equity during the quarter. <\/p>\n<div class=\"bz-read-next-block\"><\/div>\n<p>     data-variant=&#8221;card&#8221;<br \/>\n     data-news-mode=&#8221;manual&#8221;<\/p>\n<p>    &gt;<\/p>\n<p>\n<strong><br \/>\nRead Also:<br \/>\n<a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/04\/52176544\/is-crypto-irrelevant-heres-who-says-bitcoin-replacing-the-dollar-is-laughable\" target=\"_blank\" rel=\"noopener\"><br \/>\nIs &#8230;<\/a><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Riot Platforms Inc.\u00a0(NASDAQ:RIOT)\u00a0leveraged its Bitcoin (CRYPTO: BTC) holdings to finance its data center development, the company\u2019s Executive Vice President Jason Chung said on Thursday. RIOT Entirely Relying On Balance Sheet For CapEx Needs During Riot\u2019s first-quarter earnings call, Chung outlined the funding strategy for the data center business, emphasizing strong reliance on its existing balance [&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-88330","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\/88330","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=88330"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/88330\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}