Second-Largest Bitcoin Miner Riot Sells 10,599 BTC in Q3, Holdings Drop Nearly 79% from End of June
Bullish strength: 40/100
- Riot signed a 15-year data center lease with an initial contract value of approximately $28 billion.
- Total contracted data center capacity reached 1,151 MW, with approximately $38 billion in long-term contract revenue.
Bearish strength: 60/100
- Riot sold 10,599 BTC in Q3, reducing holdings by nearly 79%.
- The company sold 20,264 BTC for approximately $1.5 billion during the first nine months.
- Bitcoin mining revenue declined approximately 28% year-over-year.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.