Texas bitcoin mining and colocation giant Riot has raised nearly $560 million over the past four months through stock offerings to fund its large purchases of MicroBT’s WhatsMiners. Riot disclosed in its annual report on Friday that it received total net proceeds of $747.7 million from stock offerings in 2023. Notably, 60% of that, or […]
The post Riot Raises $559M in Equity to Fund WhatsMiner Purchases appeared first on TheMinerMag.
