---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-126934"
form_type: "8-K"
ticker: "RIOT"
cik: "0001167419"
company_name: "Riot Platforms, Inc."
filed_at: "2024-12-10T23:59:59+00:00"
generated_at: "2026-05-29T05:03:11.544562+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Riot Platforms prices $525M 0.75% convertible notes due 2030, upsized from $500M

## Summary
- Net proceeds estimated at ~$511.5M ($584.6M if full $75M option exercised).
- Initial conversion price ~$14.86/share, a 32.5% premium over $11.2181 VWAP.
- Proceeds to acquire additional bitcoin and for general corporate purposes.
- 0.75% interest payable semiannually; notes mature Jan 15, 2030; redeemable from Jan 20, 2028 if stock ≥130% of conversion price.
- Offering expected to close Dec 11, 2024; initial purchasers' option for additional $75M notes.

## SEC filing metadata
- accession: 0001104659-24-126934
- form_type: 8-K
- ticker: RIOT
- cik: 0001167419
- company_name: Riot Platforms, Inc.
- filed_at: 2024-12-10T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1167419/000110465924126934/0001104659-24-126934-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1167419/000110465924126934/tm2430044d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-126934
- JSON: https://secwatch.observer/filing/0001104659-24-126934.json
- Plain text: https://secwatch.observer/filing/0001104659-24-126934.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.