Riot Platforms Bitcoin Sale: An Unexpected Strategic Shift
In a bold and strategic maneuver, Riot Platforms Bitcoin sale of $161 million in December 2023 marks a pivotal moment for the company, as it adapts to evolving cryptocurrency market trends.By selling 1,818 Bitcoins at an average price of $88,870, Riot is shifting its focus from traditional Bitcoin mining towards leveraging its AI data centers and power infrastructure.