US Stock Bitcoin Mining Company Riot Sells 2,201 BTC at the End of Last Year

BlockBeats News, January 7th, According to the latest production and operations report released in December, listed Bitcoin mining company Riot Platforms sold a total of 2,201 BTC in November and December last year, with a net profit of nearly 200 million US dollars.

It is reported that Riot Platforms held 18,005 BTC at the end of the year, worth approximately 1.65 billion US dollars at the current price. However, this number is more than 1,300 less than its October balance (19,324 BTC), only 293 more than the balance at the end of the previous year. In sharp contrast to 2024, the company did not sell any Bitcoin at that time but instead increased its Bitcoin reserves by over 500 million US dollars in value.

VanEck's Director of Digital Assets, Matthew Sigel, pointed out that the recent sell-off behavior indicates that the company is actively transitioning to the artificial intelligence field.