Riot Platforms

Highlights: MARA revises Bitcoin policy, which enables reserve sales to strengthen liquidity and operational flexibility. The company aims to balance long-term Bitcoin exposure with cash flow needs after halving pressures. Riot Platforms follows a similar path, selling mined Bitcoin to […]

Highlights: CleanSpark reached 40 EH/s in January and mined 626 bitcoins despite harsh weather in several regions. The company expanded mining operations in Georgia and Wyoming to support its goal of reaching 50 EH/s. CleanSpark sold 22.47 bitcoins in January […]

Highlights: Riot Platforms increased Bitcoin production by 4% in December. CleanSpark and Core Scientific achieved expanded hash rates and notable Bitcoin mining milestones. RIOX ETF provides 200% daily exposure for investors targeting the cryptocurrency mining performance of Riot Platforms. Riot […]

Highlights: Riot has expanded its Bitcoin reserves by acquiring 5117 BTC through a $525 million bond issue to boost growth.  The $525 million bond offering provides Riot with long-term capital while avoiding shareholder dilution.  Companies like MARA and MicroStrategy also […]

Highlights: CleanSpark will offer the notes due in 2030 with a 0.00% interest rate and a 20% conversion premium. The company will use the funds for share buybacks and to pay off debt. CleanSpark has entered into capped calls to […]

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: Marathon and Riot produced record Bitcoin in October thanks to higher hashrates and new tech upgrades. Higher transaction fees in October helped Marathon earn an extra $400k in Bitcoin. Banning Bitcoin mining may raise emissions if miners move to […]

Highlights: Bitfarms and Riot Platforms settle, with Riot withdrawing its acquisition bid and agreeing to standstill provisions until 2026. Amy Freedman joins Bitfarms board, replacing Andrés Finkielsztain, as part of the settlement between Bitfarms and Riot Platforms. Riot Platforms retains […]

Highlights: Riot Platforms reported a Q2 net loss of $84.4 million, up from $27.4 million last year. Bitcoin production fell 52% to 844 BTC, while mining costs surged 340% per BTC. Riot’s share price fell 1.08% post-Q2 report, while CleanSpark’s […]