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Riot Platforms completes Bitcoin custody transfer from NYDIG to BitGo, ending a 3-year agreement.

Protocol Fundamentals
04 Nov 2026, 16:25 WIB
Crypto news
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Bullish
Riot Platforms completes Bitcoin custody transfer from NYDIG to BitGo, ending a 3-year agreement.

Riot Platforms has finalized the transfer of its Bitcoin custody from NYDIG Trust Company to BitGo Bank & Trust, ending a custody agreement that began in November 2023. The transition involved no early termination penalties and introduced a new agreement with segregated accounts and early exit options. Riot sold over 20,000 BTC in 2026 to fund its expanding data center operations, ending September with 2,418 BTC valued at $202 million. This move aligns with Riot's broader strategy to grow its data center capacity, now contracted at 1,151 megawatts, and reflects ongoing changes in its Bitcoin holdings and financing arrangements.

Riot Platforms' Bitcoin custody transfer is presented here with Pluang's cryptocurrency market data as context. For readers following major cryptocurrencies, 30 out of 50 rose while 19 fell as of Nov 04, 2026 21:23 WIB. Notable price changes include Basic Attention Token (BAT) up 9.25% at Rp2.507 and EOS (EOS.IO) up 8.13% at Rp12.649.

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