1 month ago

What's Going On With Riot Platforms Shares Monday?

Riot Platforms, Inc. (NASDAQ:RIOT) stock is trading lower on Monday after the company announced a $500 million convertible senior notes offering. Here’s what you need to know.

What To Know: The company plans to utilize the net proceeds from this offering in order to acquire additional Bitcoin (CRYPTO: BTC) and for general corporate purposes.

The convertible senior notes have a maturity date of Jan. 15, 2030. Also, the company will grant initial purchasers a three-day option to buy ...

Full story available on Benzinga.com

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