Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Riot Platforms sold $200 million of bitcoin
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Riot Platforms sold $200 million of bitcoin
Riot Platforms sold $200 million of bitcoin in 2025's last two months
Riot Platforms sold $200 million of bitcoin in 2025's last two months
VanEck’s head of digital assets said bitcoin sales and the AI trade are increasingly linked as miners fund infrastructure build-outs.
By James Van Straten, AI Boost|Edited by Stephen Alpher
Jan 6, 2026, 5:23 p.m.
Make us preferred on Google
Mining machines (Sandali Handagama)
What to know:
- Riot Platforms sold 1,818 bitcoin in December and 383 in November, generating approximately $200 million and reducing its BTC balance to 18,005 coins.
- Matthew Sigel of asset manager VanEck said the sales could fully fund the first phase of Riot’s Corsicana AI data center build.
Riot Platforms (RIOT), a publicly listed bitcoin mining company that develops and operates large-scale data centers, stepped up its bitcoin selling at year-end, offloading 1,818 BTC ($161.6 million) and 383 BTC ($37 million) in November. The sales reduced Riot’s bitcoin balance to 18,005 BTC by the end of 2025.
While bitcoin miner sales of coins can occur for various reasons, Matthew Sigel, head of digital assets research at VanEck, suggested that funding for the company's AI build-out could be at play. The amount sold, he noted, is “roughly the entire capex Riot has guided for the first 112 MW core/shell build at Corsicana, targeting completion in Q1 2027. In other words, one winter of BTC sales equals funding Phase 1 of the AI data center pivot.”
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
Sigel added that the AI trade and bitcoin are increasingly linked, arguing that miners have been among the largest marginal sellers of BTC as they fund AI related capex, especially when credit conditions tighten. It could be one of many reasons for bitcoin's decline during 2025.
Riot shares are lower by 2% on Tuesday alongside a 1.2% retreat in the price of bitcoin to $92,500.
Bitcoin NewsRiot platforms
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market
Commissioned byKuCoin
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
View Full Report
More For You
Crypto prices retreat in return to downward U.S. trading day action
Bitcoin pulled back to just above the $92,000 area as gold surged back to $4,500 per ounce and silver rallied above $80.
What to know:
- Returning to what has been the norm for several weeks, crypto prices fell during U.S. trading hours, erasing overnight gains.
- The decline occurred as U.S. stocks moved modestly higher, while gold and silver rose sharply to key levels and copper touched a new record.
- Investors continue to watch the $95,000 level for bitcoin, which is seen as key resistance.
Read full story
Latest Crypto News
Crypto prices retreat in return to downward U.S. trading day action
Don’t hold your breath for Venezuela’s bitcoin
Former CFTC Commissioner Brian Quintenz joins SUI Group board
Liquidity lifts bitcoin, but ‘halving cycle’ fears could limit rally in 2026, says Schwab
BNB breaks $910 resistance on wider crypto market rally momentum
Ethereum’s staking queues have cleared and that changes the ETH trade
Top Stories
Crypto prices retreat in return to downward U.S. trading day action
This metric suggests bitcoin's late November plunge was the bottom and major upside lies ahead
Morgan Stanley files for bitcoin and solana ETFs, deepening crypto push
Ethereum’s staking queues have cleared and that changes the ETH trade
Buck launches bitcoin-linked ‘savings coin’ tied to Michael Saylor’s Strategy
Crypto Markets Today: Bitcoin tests key resistance as memecoin trading volume explodes
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Long-Time Investor Sets $1,000,000 XRP Order at $1
A well-known early Bitcoin investor is making a bold bet on XRP as the market reels from one of its steepest corrections in months. Pumpius, an investor who has
Share
Coinstats2026/02/07 12:55
Tokyo’s Metaplanet Launches Miami Subsidiary to Amplify Bitcoin Income
Metaplanet Inc., the Japanese public company known for its bitcoin treasury, is launching a Miami subsidiary to run a dedicated derivatives and income strategy aimed at turning holdings into steady, U.S.-based cash flow. Japanese Bitcoin Treasury Player Metaplanet Opens Miami Outpost The new entity, Metaplanet Income Corp., sits under Metaplanet Holdings, Inc. and is based […]
Share
Coinstats2025/09/18 00:32
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!
The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32