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Riot Platforms Sells 4,300 Bitcoin in Q2 to Fund Operations

CryptoProwl +1 ·

RIOT
RIOT Riot Platforms Inc
$18.54 -2.06%
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  1. 1Cryptocurrency miner Riot Platforms (RIOT) sold 4,300 Bitcoin in the second quarter to raise operating funds.
  2. 2The company said in its earnings report that the proceeds were also used to fund its growing AI data center business alongside operations.
  3. 3Even after the sale, it held 11,380 BTC ($717.65 million), and liquid assets at the end of the second quarter exceeded $1.2 billion.

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