Riot Platforms Sells $161 Million in Bitcoin, Reducing Holdings
- Riot Platforms sold 1,818 Bitcoin in December 2025 for approximately $161 million.
- The company now holds 18,005 Bitcoin, valued at $1.7 billion.
- The sale is part of Riot’s strategy to fund operational expansions through Bitcoin liquidation.
- Riot mined 460 Bitcoin during December, an 8% increase from November but an 11% decrease year-over-year.
- The company’s deployed hash rate expanded to 38.5 EH/s with power and demand response credits totaling $6.2 million for the month.
- Riot’s all-in power cost decreased to 3.9 cents per kilowatt hour, with improved fleet efficiency year-over-year.
Riot Platforms strategically sold part of its Bitcoin holdings to support operational growth, maintaining a substantial reserve of 18,005 BTC valued at $1.7 billion. The company increased its mining output and enhanced operational efficiency during this period.
Source (3.2)https://cryptobriefing.com/riot-platforms-sells-bitcoin-holdings/?rand=59535