On December 16, Riot Platforms (RIOT) issued a press release announcing the closing of its previously announced offering of $594.4M aggregate principal amount of the 2030 Notes, which included the partial exercise by the initial purchasers of their option to purchase additional 2030 Notes. During the period between December 12 and December 13 the company acquired approximately 667 Bitcoin (BTC) for approximately $67.5M at an average price of $101,135 per Bitcoin, inclusive of fees and expenses. As of December 13 the company increased its total holdings to 17,429 Bitcoin. The Bitcoin purchases were made using a portion of the net proceeds from the issuance and sale of the 2030 Notes, as well as cash on hand. This information was provided in a company 8k filing.
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