Bitcoin
Riot Liquidates 79% of Its Bitcoin Treasury for $28 Billion AI Infrastructure Deal
U.Today·November 4, 2026·1 min read
Bitcoin miner Riot confirms liquidation of 10,599 BTC, 79% of its crypto holdings, to finance a historic 15-year, $28 billion AI infrastructure deal. The sale marks a major shift for the company, converting its Bitcoin treasury into cash for long-term AI investments, potentially impacting its mining operations and market position.
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