Riot Platforms said Friday it expanded its Bitcoin holdings, days after MicroStrategy snapped up more of the world’s largest token. Riot said it acquired 5,117 Bitcoin for roughly $510 million between Dec.

Starboard is in discussions with Riot's management to potentially covert some of its facilities into data centers, the Journal reported.

Publicly traded Bitcoin (BTC) mining firm Riot Platforms just added a massive amount of the flagship crypto to its corporate treasury.

Riot Platforms stock climbed Thursday on a report that activist investor Starboard Value had taken a stake in the Bitcoin mining company. Shares of Riot Platforms rose 10% to $12.95, though they traded as high as $13.

Riot completes a $525M offering to bolster Bitcoin acquisitions and operations, holding 12,000 Bitcoin, valued at $1.2B.

Riot Platforms acquires $510M worth of Bitcoin, becoming second-largest holder among miners with 16,728 BTC amid surge past $100,000 milestone.

Riot aims to add more Bitcoin to its stash, which already ranks third-largest among publicly traded companies.

News of a prominent investor's entry into Riot Platforms ( RIOT 4.76%) juiced the cryptocurrency miner and investor's stock on Thursday. Eager investors piled into its shares, sending their value almost 5% higher on the day.

We recently published a list of 10 Best Bitcoin and Blockchain Stocks To Buy Right Now. In this article, we are going to take a look at where Riot Platforms, Inc.