Market Updates
Riot Resets ATM With New $500M Raise as Bitcoin Mining Cash Flow Remains Thin - TheMinerMag
•1 min read
Riot Blockchain has announced a new fundraising initiative, aiming to raise $500 million amid ongoing challenges in Bitcoin mining profitability. The company's cash flow remains constrained, prompting this strategic move to reset its financial position as market conditions continue to fluctuate.
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