Riot Platforms, one of Nasdaq’s largest publicly traded Bitcoin mining companies, sold 3,778 BTC in the first quarter of 2026, generating about $289.5 million in net proceeds. Following the sale, the company’s total Bitcoin holdings dropped to 15,680 BTC by the end of the quarter. Riot is not alone in reducing exposure, as several other publicly traded mining firms have collectively sold more than 15,000 BTC recently, signaling a broader trend of miner-led selling pressure.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
SPK price is back from the dead and it didn’t come quietly. After months of…
STABLE price after days of silence it just woke up again and not quietly. A…
XRP has one of the most passionate and, at times, most imaginative communities in crypto.…
The past week saw ETHGas and ether.fi sign a massive $3 billion deal to make Ethereum…
Something is shifting in how serious money thinks about digital assets. Juan Leon, Senior Investment…
In recent crypto news, Flare launched an FXRP/USDH market on Hyperliquid to improve its cross-chain…
