Riot Platforms Sells Bitcoin to Support AI Data Center Expansion
Riot Platforms (RIOT), the publicly traded bitcoin miner and data center operator, increased its bitcoin sales at the end of 2025, selling 1,818 BTC ($161.6 million) and 383 BTC ($37 million) in November. These transactions brought Riot’s total holdings down to 18,005 BTC by year-end.
Matthew Sigel, head of digital assets research at VanEck, suggested the sales may be funding the company’s AI infrastructure projects. He noted the amount sold “roughly matches the entire capex Riot has planned for the first 112 MW core/shell build at Corsicana, scheduled for Q1 2027.” In other words, a single winter of BTC sales could cover Phase 1 of Riot’s AI-focused data center initiative.
Sigel added that bitcoin miner sales are increasingly linked to AI investments, particularly as miners raise capital in tighter credit conditions. This dynamic may have contributed to bitcoin’s decline over 2025.
On Tuesday, Riot shares fell 2%, while bitcoin dropped 1.2% to $92,500.
About The Author
More Stories
South Korea proposes a 5% limit on crypto holdings for publicly traded firms.
India clamps down on crypto activity amid concerns over money laundering and terror funding
Amid escalating Trump-Powell feud, bitcoin climbs 1% while Nasdaq futures and dollar retreat.