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Riot Platforms sold 9,665 BTC in H1 2026 to fund AI data center expansion.

Market News
19 Aug 2026, 06:30 WIB
Bitcoin
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Bullish
Riot Platforms sold 9,665 BTC in H1 2026 to fund AI data center expansion.

Riot Platforms sold 9,665 bitcoin in the first half of 2026, including 4,300 BTC in Q2, to finance its pivot from bitcoin mining to AI infrastructure. Despite reducing its bitcoin treasury to 11,380 BTC, Riot is expanding its data center operations, highlighted by a 20-year, 191-megawatt lease with AI firm Anthropic expected to generate $9.1 billion in revenue through 2048. This strategic shift aligns with broader industry trends as miners like Marathon also sell large bitcoin holdings to fund growth and debt reduction. Riot's move signals a significant transformation from a mining-focused company to an AI infrastructure operator, potentially increasing its valuation and reducing reliance on bitcoin sales in the future.

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