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Riot Platforms reportedly sold over 8,900 Bitcoin, cutting holdings by more than 78%.

Market News
05 Nov 2026, 08:29 WIB
Tokenpost
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Bearish
Riot Platforms reportedly sold over 8,900 Bitcoin, cutting holdings by more than 78%.

An account named The Bitcoin Historian claimed that Riot Platforms sold more than 8,900 Bitcoin, valued at over $700 million. This sale reportedly reduced Riot's Bitcoin holdings by more than 78%, leaving them with about 2,418 BTC. The significant reduction in holdings could impact Riot's exposure to Bitcoin price fluctuations and signals a major shift in their digital asset strategy. No official confirmation from Riot Platforms has been noted yet.

The story on Riot Platforms' Bitcoin sales provides context for readers following cryptocurrency markets. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 05, 2026 13:01 WIB: out of 50 major cryptocurrencies priced on Pluang, 42 rose and 7 fell today. Notable movers include ATOM (Cosmos) with a 6.84% increase and 98% buy order activity, CRV (Curve DAO Token) up 5.55% with 69% buy orders, and ETH (Ethereum) rising 5.44% despite 69% sell orders. Prices are Rp27,509 for ATOM, Rp5,024 for CRV, and Rp43,916,314 for ETH.

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