Riot Platforms acquires 667 BTC, holdings now worth $1.8B

Bitcoin (BTC) mining firm Riot Platforms announced on X that it used proceeds from its $594 million, 0.75% convertible bond issue to acquire 667 BTC at an average price of $101,135. This brings its total holdings to 17,429 BTC, valued at $1.8 billion at the current BTC price of $103,873. Riot reported a BTC yield per share of 36.7% quarter-to-date and 37.2% year-to-date.