The Bitcoin mining giant abandons its full holding strategy and sells 40 million dollars in cryptocurrencies.
Riot Platforms sold 475 $BTC for a value of 38.8 million dollars in December, as profit margins shrink in the mining sector. The Colorado-based company, the second-largest publicly traded Bitcoin miner by market capitalization, sold the cryptocurrency at an average price of 81,731 dollars per coin, according to the trading update revealed on Monday.
