Riot Plans $500M Convertible Notes Offering to Fund Bitcoin Purchases

Riot Platforms plans to raise $500 million through a private offering of convertible senior notes, aimed at institutional investors, to fund Bitcoin acquisitions and support corporate initiatives as the cryptocurrency market approaches all-time highs.
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Coinbase CEO Calls SEC Commissioner Caroline Crenshaw A ‘Failure’

Coinbase CEO Brian Armstrong took to X Monday, December 9 to bash United States Securities and Exchange Commissioner (SEC) Caroline Crenshaw as the Senate Banking Committee will vote on her renomination for the role this week. Crenshaw has been strongly opposed to crypto assets in the past, speaking out against the commission’s approval of spot Bitcoin ETFs last year.
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