Riot Platforms (RIOT) Stock: Mining Company Dumps $200M in Bitcoin to Fund AI Data Center

TLDR Riot Platforms sold 2,201 bitcoin in November and December 2025, generating approximately $200 million in proceeds The sales reduced Riot’s bitcoin holdings to 18,005 BTC, down from 19,324 BTC in October VanEck analyst suggests the proceeds will fund Phase 1 of Riot’s Corsicana AI data center, targeting completion in Q1 2027 The bitcoin sales [...]

The post Riot Platforms (RIOT) Stock: Mining Company Dumps $200M in Bitcoin to Fund AI Data Center appeared first on Blockonomi.