Overview
- The year-end sales left Riot with 18,005 BTC at December 31, valued around $1.65 billion at current prices.
- Riot disclosed the transactions in its December production report but did not provide timing or counterparty details.
- CoinDesk reported the company offloaded 1,818 BTC worth about $161.6 million and 383 BTC worth about $37 million in November.
- The company had sold no bitcoin in 2024 and instead added more than $500 million worth to its treasury, marking a strategic contrast.
- Riot outlined a power-first approach that positions mining to monetize electricity as it pivots toward data centers, and it plans to shift from monthly to quarterly updates in 2026.