The large American mining company Riot Platforms reported that in December 2025 it sold 1080 bitcoins. The reason is the purchase of a 81-hectare plot of land near the data center in Rockdale, Texas for $96 million.

The company emphasized that it acquired the plot of land that had been under long-term lease to Riot. The acquisition was financed solely through its own resources.

Under the agreement with Advanced Micro Devices (AMD), Riot will provide its business partner with input computing AI capabilities by the end of May.

During the subsequent expansion of its infrastructure, Riot plans to provide AMD with access to 200 MW, having additional capacity of 700 MW.

Founded in 2000 and based in Castle Rock, Colorado, Riot operates mining platforms in Texas and Kentucky, as well as develops and manufactures electrical distribution equipment for mining companies.

Previously, specialists from the American banking holding JPMorgan stated that the bitcoin mining industry is going through a cleansing stage:

weak players without access to cheap electricity are leaving the market, while large companies are increasing their presence.

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