Riot Platforms Secures $100M Bitcoin-Backed Credit Line From Coinbase
The funds will be used for strategic initiatives and general corporate purposes, and cash drawn from the line will carry at least a 7.75% interest rate.
Riot platforms
Riot Platforms Hits Post-Halving Bitcoin Production High as It Expands AI Capacity
Feasibility study confirms Corsicana Facility’s potential for AI/HPC growth as Riot delivers strong mining performance in March 2025.
Activist Investor Starboard Has Built Stake in Bitcoin Miner Riot: WSJ
Starboard is reportedly pushing the miner to convert some of its mining sites into data centers.
Bitcoin Miner Riot Platforms’ Second-Quarter Loss Widens to $84.4M as Costs Surge
The company’s loss per share doubled to $0.32.
Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board
Riot is Bitfarms’ largest shareholder, owning 14.9% of the firm.
Riot Plans Hostile Takeover of Bitfarms; Proposes $2.30 Per Share
Bitfarms’ shares were up nearly 6% at $2.13 as of 14:00 UTC following Riot’s announcement.
Bitcoin Year-End Price Target Raised to $90K at Bernstein
Bernstein boosts bitcoin year-end price target ( Hans Eiskonen/Unsplash)
Texas Blockchain Council, Riot Platforms Sue Dept. of Energy, OMB Over ‘Emergency’ Survey
The Texas Blockchain Council (TBC) and Riot Platforms, one of the largest crypto miners in the state, sued the U.S. Department of Energy for trying to collect information from many of its members, including Riot.
Crypto Stocks Rally Pre-Market as Bitcoin Tops $46K
Bitcoin climbed over $46,000 for the first time in nearly a month early Friday, extending its gain for the week to nearly 10%.
Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping $45K
The decline happened as bitcoin spiked above $45,000 during the day as traders anticipate an imminent spot BTC ETF decision in the U.S.