Riot Platforms drops after announcing convertible offering to buy more bitcoin

Bitdeer Technologies

09/12/2024 12:42

** * Shares of Riot Platforms  RIOT.O  down 7% to $12.05
premarket as it seeks capital to acquire additional bitcoin
 BTC= 
    ** Colorado-based bitcoin miner  offering privately $500 mln
6-yr convertible bonds 
  
    ** 
  
    
      
    
    
      
    
  
    
      
    
  
    
      
    
  

(Lance Tupper is a Reuters market analyst. The views expressed
are his own)
((lance.tupper@tr.com 1-646-279-6380))