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$200,000,000 in Bitcoin Abruptly Dumped By Mining Giant Riot – Here’s Why, According to VanEck Executive
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$200,000,000 in Bitcoin Abruptly Dumped By Mining Giant Riot – Here’s Why, According to VanEck Executive
The head of digital assets research at the global investment management firm VanEck is detailing why the publicly traded Bitcoin (BTC) miner Riot dumped a substantial amount of the flagship crypto asset. Matthew Sigel says that Riot sold $200 million worth of Bitcoin in November. In comparison, the company did not sell BTC during the same period last year. Riot offloaded Bitcoin holdings as it builds its Corsicana Facility for artificial intelli…
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