PANews reported on December 13 that Riot Platforms announced that it had used the funds from the recent issuance of $525 million, 0.75% interest convertible bonds to purchase 5,117 bitcoins at an average price of $99,669 per bitcoin (including fees). The acquisition increased its total bitcoin holdings to 16,728, with a total market value of approximately $1.68 billion based on the current market price of $100,303 per bitcoin.

Riot Platforms CEO Jason Les clarified in a tweet that the company's current total holdings of 16,728 bitcoins include the monthly bitcoin production as of December 11.