Niamh Rowe / Financial Times:

US bitcoin miners, including Mara, Riot, and CleanSpark, used BTC's recent price surge to raise $3.7B+ via convertible notes since November 2024 to buy coins  —  US-listed groups tap investors for cash as competition for resources intensifies  —  US bitcoin miners are accumulating war chests …

Niamh Rowe / Financial Times:

US bitcoin miners, including Mara, Riot, and CleanSpark, used BTC's recent price surge to raise $3.7B+ via convertible notes since November 2024 to buy coins  —  US-listed groups tap investors for cash as competition for resources intensifies  —  US bitcoin miners are accumulating war chests …

Source: TechMeme
Source Link: http://www.techmeme.com/250107/p6#a250107p6