Riot Platforms Expands Holdings to 17,429 BTC

The Bitcoin mining firm Riot Platforms has greatly diversified its holdings after adding 667 BTC to its portfolio for some $67.5million. This acquisition was made possible through the firm’s $594 million convertible bond offering that was recently carried out. This Bitcoin news came as BTC price sees good recovery.

With this addition, Riot’s total Bitcoin holdings have risen to 17,429 BTC, now valued at $1.8 billion, marking a notable step in its growth strategy.