Riot Platforms Sold 10,599 Bitcoin in Q3 as Holdings Fell Nearly 79%

Riot Platforms sold 10,599 Bitcoin (BTC) in Q3 as its holdings fell nearly 79%, leaving the second-largest publicly listed miner with 2,418 BTC at quarter-end. The company held 11,380 BTC at the end of June and 2,418 BTC at the end of September. Its sales during the first nine months of the year totaled 20,264 BTC and generated approximately $1.5 billion, with proceeds primarily directed toward data-center construction. The Q3 sale figure records Bitcoin sold during the quarter, while 2,418 BTC is Riot's end-September balance.

Source: TokenPost