Convertible Notes Offering

Highlights: CleanSpark plans to raise $1.15 billion through convertible notes to expand mining. The company will use some of the funds for share buyback and to invest in a new AI data center project. CleanSpark achieved record revenue and hashrate […]

Highlights: Bitfarms has launched $500 million convertible notes offering to support operations and expansion plans. Bitfarms’ stock fell after the announcement but remains up over 80% this month. The company plans to use proceeds for general corporate purposes and to […]

Highlights: Cleanspark intends to use the funds raised to expand its Bitcoin mining operations. The company has also repurchased shares to improve shareholder value. Varex Imaging Corporation has announced a private offering of senior secured notes that are due in […]

Highlights: Riot Platforms has announced $525M convertible notes offering at 0.75% interest set to mature in 2030 Riot plans to use $511.5M proceeds to acquire bitcoin and support its corporate growth strategy. The offering includes an option for buyers to […]

Highlights: Riot has announced a private offering of $500M convertible notes due in 2030. The total operating hashrate of the company has risen to 25.8 exahashes per second. Riot has accumulated 11425 Bitcoins after mining 495 Bitcoins in November. Riot […]

Highlights: MARA aims to raise $700 million through convertible senior notes to buy more bitcoins. The company held 34,959 BTC valued at $ 3.3 billion for Bitcoin in November. MARA experienced a 26% boost in the amount of Bitcoin mined […]

Highlights: MicroStrategy intends to offer $700 million in Senior Convertible Notes to investors. The proceeds will be used to pay off existing debt and purchase additional Bitcoin. The company has consistently adhered to its Bitcoin acquisition strategy for four years. […]