Riot Platforms sold Bitcoin from mining for the first time since January 2024, with a net gain of US$38.8 million "

Crypto 7x24

2025-05-06 04:17:41

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Riot Platforms, one of the publicly traded Bitcoin mining companies, said on Monday that it sold bitcoins mined in April, the first time in more than a year that the company has sold mined bitcoins. The company sold 475 BTC units for a net gain of approximately US$38.8 million. The sale includes 463 BTC pieces extracted in April and an additional 12 BTC pieces in reserve. The last time Riot sold a large amount of Bitcoin was in January 2024.

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