<ul><li>Riot Platforms has purchased 5,117 Bitcoins worth $510 million, boosting its total holdings to 16,728 BTC.</li><li>The acquisition strengthens Riot's position in the cryptocurrency world and reflects its confidence in Bitcoin's long-term potential.</li><li>Riot used part of the proceeds from convertible senior notes and existing cash reserves to fund the purchase.</li><li>The move signifies a strategic bet on Bitcoin's future growth but also increases Riot's exposure to the volatility of the crypto market.</li></ul>

Riot Platforms Expands Bitcoin Reserves by Over 5,000 BTC

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