Crypto News Today: Riot Platforms Sells 4,300 BTC to Fund Operations
5 Articles
5 Articles
Riot Sold 4,300 Bitcoin in Q2 to Fund a 191 MW AI Deal
Riot Platforms sold approximately 4,300 Bitcoin during the second quarter of 2026, drawing down one of the crypto mining industry’s largest corporate Bitcoin treasuries as the company funds operations and an increasingly ambitious expansion into data centers. Riot ended June with 11,380 BTC, worth approximately $666 million using Bitcoin’s June 30 market price of $58,527. Of those holdings, 5,821 BTC were pledged as collateral, according to the …
Crypto News Today: Riot Platforms Sells 4,300 BTC to Fund Operations
The post Crypto News Today: Riot Platforms Sells 4,300 BTC to Fund Operations appeared first on Coinpedia Fintech News Riot Platforms, one of the largest publicly traded Bitcoin miners, sold 4,300 BTC during the second quarter to help fund operations and its expanding data center business, according to the company’s latest earnings report. What Riot Still Holds Despite the sale, Riot still holds a substantial Bitcoin treasury. Riot still holds 1…
Riot Platforms Sells 4,300 BTC To Fund Operations And Expansion
BitcoinWorld Riot Platforms Sells 4,300 BTC to Fund Operations and Expansion Riot Platforms, one of the largest publicly traded Bitcoin miners in the United States, has sold 4,300 BTC to cover operating expenses and fund the expansion of its data center infrastructure. According to BitcoinTreasuries, the company now holds a total of 11,380 BTC, reflecting a strategic approach to managing its digital asset treasury amid fluctuating market condit…
Riot Platforms to Sell 4,300 Bitcoin to Fund AI Data Center Expansion
Riot Platforms is preparing to sell 4,300 Bitcoin (BTC) to help finance the expansion of its AI data center infrastructure, according to its latest SEC filing. The move highlights a growing shift among major Bitcoin miners from accumulating cryptocurrency toward building more predictable, long-term computing businesses. The strategy comes as Bitcoin mining profitability remains under significant pressure. Riots mining revenue fell 19.3% in the s…
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