Riot Platforms Sells 3,778 Bitcoin as Miners Eye Profitability Pressures
14 Articles
14 Articles
Bitcoin Miner Riot Platforms Sold nearly 4000 Bitcoin in the First Quarter
Key Insights Riot Platforms produced 1,473 BTC and sold 3,778 BTC in the first quarter of 2026. The Bitcoin miner joins other firms, including MARA, Genius Group, and Nakamoto, that have been selling BTC. Strategy remains the largest Bitcoin buyer even as whales have turned net sellers over the last year. Bitcoin miner Riot Platform is selling off its Bitcoin holdings with another 3,778 BTC dumped in Q1 of 2026. The firm disclosed this in its p…
While the crypto market remains under pressure, MARA sends a strong signal. Between layoffs and massive sale of Bitcoin, the company is no longer content to undergo the market, it redefines its strategy. Behind these decisions, a shift towards AI and energy is emerging, revealing a deeper transformation of the role of miners in the crypto ecosystem. The MARA article releases its Bitcoins and releases: what really happens? appeared first on Coint…
Riot Platforms (RIOT) Sells 3,778 Bitcoin In Q1
Riot Platforms sold 3,778 bitcoin in the first quarter of 2026, generating $289.5 million and marking a shift in strategy as the miner redirects capital toward infrastructure and high-performance computing. The volume sold exceeded the company’s quarterly production of 1,473 BTC by roughly 2.6 times, signaling a drawdown of treasury holdings rather than routine profit-taking. Riot ended the quarter with 15,680 BTC, down 18% from 18,005 BTC at th…
Riot Platforms Liquidates 3,778 Bitcoin in Q1 as Production Falters
Riot Platforms offloaded 3,778 Bitcoin in the first quarter amid mounting pressure across the mining industry as rising energy costs continue to erode profitability. According to its operational update released Thursday, the company achieved an average selling price of $76,626 per coin, generating total proceeds of approximately $289.5 million.Visit Website
Riot cashes out $289M in Bitcoin as energy crunch forces miner sell-offs
Major Bitcoin mining company Riot Platforms announced a significant liquidation of its Bitcoin holdings in the first quarter of 2026. This is one of the largest sales by a public miner amid tightening industry conditions. According to Riot’s most recent operational update, the firm sold 3,778 Bitcoin during Q1 2026, generating $289.5 million in net proceeds at an average realized price of around $76,626 per coin. This latest sell-off puts the mi…
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