Riot, a US-listed Bitcoin mining company, sold 2,201 BTC at the end of last year.

According to ME News, on January 7th (UTC+8), Riot Platforms, a publicly traded Bitcoin mining company, sold a total of 2,201 BTC during November and December, generating a net profit of nearly $200 million, based on its latest production and operations report released in December. Riot Platforms held 18,005 BTC at the end of the year, worth approximately $1.65 billion at current prices. However, this figure represents a decrease of over 1,300 BTC from its October holdings (19,324 BTC) and is only 293 BTC higher than its year-end balance the previous year. This contrasts sharply with 2024, when the company did not sell any Bitcoin but instead increased its Bitcoin reserves by over $500 million. Matthew Sigel, Head of Digital Assets at VanEck, pointed out that the recent sell-off indicates the company's commitment to transitioning into the field of artificial intelligence. (Source: ME)