Riot Platforms isn’t clinging to every coin it mines. If anything, it’s been… steadily letting them go. About six hours ago, another 500 $BTC roughly $38 million, was moved out to NYDIG. Just another measured unload.
And it’s not like they’ve emptied the vault. There’s still a solid stack sitting behind, 4,652 #BTC , worth around $359 million. So this isn’t an exit. It feels more like maintenance… keeping cash flow alive, covering the machine, maybe playing it a bit safer while the market breathes.
And it’s not like they’ve emptied the vault. There’s still a solid stack sitting behind, 4,652 #BTC , worth around $359 million. So this isn’t an exit. It feels more like maintenance… keeping cash flow alive, covering the machine, maybe playing it a bit safer while the market breathes.