Bitcoin Miner Riot Platforms Purchases $500 Million Worth Of BTC — Details

Quick Summary:

Bitcoin mining company Riot Platforms has increased its BTC holdings with the addition of over 5,000 coins in the past few days.

This significant purchase came on the back of reports that the miner was under pressure from activist investor Starboard Value.

How Much BTC Does Riot Platforms Currently Own?

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Article Details

Author / Journalist: Opeyemi Sule

Category: Crypto

Markets: Hungary

Topics: Bitcoin miner BTCUSDT Bitcoin Mining Btc Bitcoin Riot Platforms

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-14 @ 17:00:37 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 434 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24408367

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 10 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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