Riot Platforms has closed its previously announced offering of 0.75% convertible senior notes due 2030, raising $594.4 million. The net proceeds of approximately $579.2 million, after deducting initial purchasers' discounts and estimated expenses, have been substantially deployed to acquire additional Bitcoin.From October 1 to December 13, 2024, Riot's BTC Yield was 36.7%, while the year-to-date yield was 37.2%. As of December 13, 2024, the company increased its total Bitcoin holdings to 17,429, including approximately 667 Bitcoin acquired between December 12-13 for about $67.5 million at an average price of $101,135 per Bitcoin.Riot Platforms aims to be the world's leading Bitcoin-driven infrastructure platform, focusing on Bitcoin mining operations in Texas and Kentucky, and electrical switchgear engineering in Colorado. The company uses BTC Yield as a key performance indicator to assess its strategy of acquiring and holding Bitcoin to drive stockholder value.

Riot Platforms has closed its previously announced offering of 0.75% convertible senior notes due 2030, raising $594.4 million. The net proceeds of approximately $579.2 million, after deducting initial purchasers' discounts and estimated expenses, have been substantially deployed to acquire additional Bitcoin.From October 1 to December 13, 2024, Riot's BTC Yield was 36.7%, while the year-to-date yield was 37.2%. As of December 13, 2024, the company increased its total Bitcoin holdings to 17,429, including approximately 667 Bitcoin acquired between December 12-13 for about $67.5 million at an average price of $101,135 per Bitcoin.Riot Platforms aims to be the world's leading Bitcoin-driven infrastructure platform, focusing on Bitcoin mining operations in Texas and Kentucky, and electrical switchgear engineering in Colorado. The company uses BTC Yield as a key performance indicator to assess its strategy of acquiring and holding Bitcoin to drive stockholder value.