🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Riot Platforms announced plans to raise $525 million through the issuance of convertible preferred notes to purchase BTC.
According to official sources, Riot Platforms, a BTC mining company listed on NASDAQ, announced that it plans to raise $525 million through the issuance of convertible preferred notes with an annual interest rate of 0.75%. These notes will be sold exclusively to qualified institutional buyers through a private sale. The size of this issuance is larger than the previously announced $500 million principal amount. It is expected to be completed on December 11, 2024, subject to customary closing conditions. Riot stated that it plans to use the net proceeds from this issuance to purchase additional BTC for general corporate purposes. Earlier, Riot announced plans for a private issuance of $500 million convertible preferred notes, primarily for Bitcoin acquisition and general corporate purposes.