Bitcoin Miner Riot Platforms Sells $750M in BTC as Hut 8 Dumps $250M
Bitcoin mining companies Riot Platforms and Hut 8 disclosed major cryptocurrency liquidations in their third-quarter earnings reports. Riot sold 10,599 BTC for approximately $751.5 million to finance data center and artificial intelligence infrastructure expansions, while Hut 8 sold thousands of coins across the third quarter and October to fund share buybacks and advance its AI capacity. Open article →
- Riot Signs $28 Billion AI Lease for Entire Corsicana Campus
- Riot Platforms (RIOT) filing names Anthropic as the tenant in its $28 billion Corsicana lease
- Riot (RIOT) and Hut 8 (HUT) Sell Thousands of Bitcoin to Fund AI Ventures, Share Buybacks
- RIOT EPS Q&A
- Hut8 EPS Q&A
- RIOT PLATFORMS DUMPS 79% OF BITCOIN RESERVES TO FUND AI Riot Platforms $RIOT sold 10,599 bitcoin...
- LATEST: @RiotPlatforms sells 10,599 $BTC in Q3, cutting holdings from 11,380 to 2,418, as it fund...