<ul><li>Bitcoin mining firm Riot Platforms has closed a $594.4 million offering of convertible senior notes to buy more Bitcoins.</li><li>The private offering targets qualified institutional buyers and includes an initial purchaser option.</li><li>Riot has allocated most of the proceeds to purchasing more Bitcoins, increasing its holdings to 17,429 BTC.</li><li>The company aims to outpace competitors in the mining industry and has expanded its stake in Bitfarms.</li></ul>

Bitcoin Miners Expand Holdings: Riot Platforms Finalizes Loan Deal for More BTC

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