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Riot Platforms (RIOT) acquires approximately 5,117 Bitcoin for approximately $510 million

December 13, 2024 9:03 AM EST

Riot Platforms (NASDAQ: RIOT) disclosed:


On December 13, 2024, Riot Platforms, Inc. (the “Company”) announced that, during the period between December 10, 2024 and December 12, 2024, the Company acquired approximately 5,117 Bitcoin for approximately $510 million at an average price of approximately $99,669 per Bitcoin, inclusive of fees and expenses. As of December 12, 2024, the Company increased its total Bitcoin holdings to 16,728. The Bitcoin purchases were made using a portion of the net proceeds from the offering of its 0.75% convertible senior notes due 2030 as well as cash on hand.



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