Riot Platforms bolsters Bitcoin reserves with $510 million purchase

Oluwapelumi Adejumo

Riot Platforms, a leading Bitcoin mining company, has acquired 5,113 BTC for $510 million. According to a Dec. 13 post on the social media platform X (formerly Twitter), the company said the Bitcoin was bought at an average price of $99,669 per BTC, including fees and related expenses. With this acquisition, Riot’s Bitcoin holdings have […]

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Riot Platforms bolsters Bitcoin reserves with $510 million purchase