| Time | Details |
|---|---|
| 2024-12-10 14:27 |
MARA Holdings Expands Bitcoin Portfolio with Significant Acquisitions
According to Lookonchain, MARA Holdings has made substantial investments in Bitcoin, acquiring 11,774 BTC worth $1.1 billion at an average price of approximately $96,000 since announcing a private offering of convertible senior notes on November 18. Additionally, in the third quarter, MARA acquired 6,481 BTC valued at $389 million at a price of $60,022 per Bitcoin. Currently, MARA Holdings has amassed a total of 40,435 BTC, valued at $3.9 billion. (Source) |
| 01:17 |
Riot Platforms Acquires 705 BTC Amidst $500 Million Convertible Notes Offering
According to Lookonchain, Riot Platforms has made a significant acquisition of 705 BTC, valued at approximately $68.45 million, within a span of 3 hours. This move aligns with Riot's recent announcement on December 9 regarding their plans to raise $500 million through a private offering of convertible senior notes. The funds are primarily aimed at acquiring more Bitcoin and supporting general corporate purposes. This strategic acquisition indicates Riot's aggressive approach to expanding its Bitcoin holdings, which could influence market dynamics and investor sentiment in the cryptocurrency space. (Source) |