Riot Platforms Sells 500 Bitcoin to Fund AI Data Center Expansion
Riot Platforms (NASDAQ: RIOT) sold 500 Bitcoin for $39 million to fund its AI data center expansion. The company has sold a total of 3,778 Bitcoin in Q1 2026, generating $289.5 million. This follows a broader trend of crypto miners selling Bitcoin amid a price slump and shifting focus to AI infrastructure.
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Topics: AI Data Centers Asset Disposal Bitcoin Corporate Strategy Cryptocurrency