VanEck’s head of digital assets said bitcoin sales and the AI trade are increasingly linked as miners fund infrastructure build-outs.

What to know:

  • Riot Platforms sold 1,818 bitcoin in December and 383 in November, generating approximately $200 million and reducing its BTC balance to 18,005 coins.

  • Matthew Sigel of asset manager VanEck said the sales could fully fund the first phase of Riot’s Corsicana AI data center build.

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