Riot Platforms Sells Mined Bitcoin for First Time in Over a Year
AI Summary
According to Odaily, Riot Platforms, a publicly traded Bitcoin mining company, announced on Monday that it has sold Bitcoin mined in April, marking its first sale of mined Bitcoin in over a year. The company sold 475 Bitcoins, generating approximately $38.8 million in net proceeds. This sale included 463 Bitcoins mined in April and an additional 12 Bitcoins from reserves. Riot's last significant Bitcoin sale occurred in January 2024.$BNB
