Riot Liquidates 79% of Its Bitcoin Treasury for $28 Billion AI Infrastructure Deal
U.Today · Wed, 04 Nov 2026 16:49:15 GMT
Hype 15/100 · Market impact 35/100 · Breaking 51/100
Tags: BTC
Riot, a Bitcoin miner, confirmed that it sold 10,599 BTC, equal to 79% of its cryptocurrency holdings, and will use the proceeds to finance a 15-year, $28 billion artificial-intelligence infrastructure agreement.
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