Wu Blockchain (@WuBlockchain): Similar to Mara, Riot, another of the largest bitcoin mining companies in the United States, announced the issuance of $500 million worth of convertib…
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Similar to Mara, Riot, another of the largest bitcoin mining companies in the United States, announced the issuance of $500 million worth of convertible bonds, aiming to acquire Bitcoin directly from the market—a strategy reminiscent of MicroStrategy’s playbook. As of November 30, its Bitcoin reserves stood at 11,425 BTC. theminermag.com/news/2024-12-0…