Second-Largest Bitcoin Miner Riot Sells 10,599 BTC in Q3, Holdings Drop Nearly 79% from End of June
Riot Platforms, the second-largest publicly listed Bitcoin miner, sold 10,599 BTC in Q3, cutting its holdings from 11,380 to 2,418, a drop of nearly 79%. It sold about 20,264 BTC in the first nine months to fund data center construction. Heavy miner selling adds supply pressure, though Riot also signed a 15-year AI lab data center lease worth about $28 billion.
Read the full story on Wu Blockchain
Also covered by
- Riot Platforms’ Bitcoin sales hit 10,599 as reserves fell nearly 79% The Cryptonomist
- Riot Platforms sells 20,264 Bitcoin for $1.5B in first nine months of 2026 to fund data center development — link | AI comment unfolded
- Riot (RIOT) and Hut 8 (HUT) Sell Thousands of Bitcoin to Fund AI Ventures, Share Buybacks Bitcoin Magazine
- Riot Liquidates 79% of Its Bitcoin Treasury for $28 Billion AI Infrastructure Deal U.Today
- Bitcoin Miner Riot Platforms Sells $750M in BTC as Hut 8 Dumps $250M Bitcoin.com News
- Bitcoin miner MARA Holdings ( MARA ) appears to be dumping BTC again Lookonchain
- Bitcoin miner Riot could pay Anthropic 12% interest under $28 billion AI deal CoinDesk