Riot sells 20,264 Bitcoin for $1.5B to fund data center expansion
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The sales of Bitcoin of Riot Platforms reached 10,599 in the third quarter, with reserves reduced by almost 79% between 30 June and 30 September. Key points At the end of September Riot held 2,418 Bitcoin. In the first nine months, the sale of Bitcoin made about 1.5 billion dollars. [...]
According to ChainCatcher, Riot Platforms, a Bitcoin mining company and data center developer, released its Q3 2026 financial results. Total revenue was $181 million, a 1% year-over-year increase; net income was $4.03 million, compared to $104 million in the same period last year; adjusted EBITDA was $191 million, compared to $197 million in the same period last year. By business segment, Bitcoin mining revenue was $116 million, lower than $161 …
Riot Platforms (RIOT) spent 2026 converting its Bitcoin (BTC) holdings into construction funds in installments, and the company's new filing for the first nine months of the year…
Riot reported quarterly revenue of US$181.4 million and announced a 15-year lease for its Corsicana campus in Texas. The company reported cumulative sales of 20,264 BTC for about US$1.5 billion during the first nine months of 2026, mainly to finance data center development. Its commitment to those projects coexists with a $573 million bridge debt due at the end of the year.
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