Riot Platforms shares dip despite $500 million Bitcoin acquisition strategy

Oluwapelumi Adejumo

Despite announcing a strategic Bitcoin purchase plan, Riot Platforms’ shares fell nearly 10%. At the market opening on Dec. 9, the miner stock dropped by 7.1% to $12.03, reflecting a broader decline in crypto-related equities such as Coinbase, Marathon Digital, and CleanSpark, as reported by Yahoo Finance. This contrasts with the broader crypto market’s upward […]

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Riot Platforms shares dip despite $500 million Bitcoin acquisition strategy