PANews reported on December 16 that Bitcoin mining company Riot Platforms announced that it used the funds from the recent issuance of $594 million, 0.75% convertible bonds to purchase 667 Bitcoins at an average price of $101,135 per Bitcoin (costing approximately $67.457 million). The acquisition increased its total Bitcoin holdings to 17,429, with a total market value of approximately $1.8 billion based on the current market price of $17,429 per Bitcoin. Through this acquisition and mining production from the beginning of the year to date, Riot's return on each BTC is 36.7% so far in the quarter and 37.2% so far in the year.