In April, Riot Platforms sold $38.8 million worth of Bitcoin to boost liquidity, with 475 BTC sold at an average price of $81,731 per coin. The company aims to reduce reliance on equity financing and limit shareholder dilution amid tightening margins in the mining sector.
Riot Platforms Sells $39M in Bitcoin in April to Improve Liquidity, Reduce Reliance on Equity Financing
May 06, 2025