Bitcoin
Bitcoin Miner Riot Platforms Sells $750M in BTC as Hut 8 Dumps $250M
Bitcoin mining companies Riot Platforms and Hut 8 disclosed substantial bitcoin sales in their respective third-quarter earnings reports on Wednesday, with Riot liquidating more than 10,000 BTC during the quarter to finance its data center expansion and Hut 8 selling cryptocurrency to fund share repurchases. Key Takeaways Riot Platforms sold 10,599 BTC for $751.5 million in Q3, bringing its 2026 sales to 20,264 BTC worth nearly $1.5 billion, as it shifts capital toward AI and data center infrastructure. Hut 8 sold 954 BTC for $74.8 million in Q3 to fund share buybacks, followed by another 2,148 BTC for $175.4 million...
Bitcoin News7 min read
