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Genius Group increased its Bitcoin purchases for its Treasury by $2.2M

Genius Group (GNS) announced that it had increased its Bitcoin purchases for its Bitcoin Treasury by an additional $2.2 million to 191 Bitcoin for $18 million, at an average price of $92,728 per Bitcoin. The Company’s announced on November 12 of its “Bitcoin-first” strategy that it is committing 90% or more of its current and future reserves to be held in Bitcoin, with an initial target of $120 million in Bitcoin. Following its initial purchase of $10 million in Bitcoin in the week of the announ

Riot Platforms To Raise $525 Million Via Private Convertible Debt To Purchase Bitcoins

On Tuesday, Bitcoin mining company Riot Platforms, Inc (NASDAQ:RIOT) priced its upsized private offering of $525 million 0.75% convertible senior notes due 2030. Riot also granted the notes’ initial purchasers an option to purchase up to an additional $75 million in aggregate principal amount of the notes. The offering was upsized from $500 million and will close on December 11, 2024. Also Read: Chinese Social Media Company Hello Group Gains After Q3 Print, CEO Flags Overseas Growth Riot intends