Riot Platforms (RIOT), a Bitcoin mining and digital infrastructure company, reported that it sold 3,778 Bitcoin during the first quarter of 2026. The transaction generated $289.5 million in net proceeds at an average price of $76,626 per coin, according to the company's production and operations update. The sale reduced Riot's total Bitcoin holdings to 15,680 BTC as of March 31, representing an 18% decline from 19,223 BTC held a year earlier. According from data, Riot sold another 500 BTC in early April, further lowering its reserves. During the same quarter, Riot produced 1,473 BTC, marking a 4% decrease compared to Q1 2025.
Riot Platforms Sells 3778 BTC in Q1 2026 Holdings Drop and Miner Sell Off Rises
AI IMPORTANCE: 7/10
◆
AI INSIGHT
Riot Platforms sold 3,778 BTC for $289.5 million in Q1 2026, averaging $76,626 per coin, reducing total holdings to 15,680 BTC, an 18% decline from a year earlier.
Loading BTC data...
MOBILE APP