Riot Platforms Sells 9,665 BTC in First Half, Deposits 200 BTC to NYDIG

BitcoinWorld Riot Platforms Sells 9,665 BTC in First Half, Deposits 200 BTC to NYDIG Riot Platforms, one of the largest Bitcoin mining companies in the United States, sold 9,665 BTC during the first half of 2025 at an average price of $75,785, according to on-chain data from Lookonchain.

The sales generated approximately $732 million in proceeds, reflecting the company’s strategy of liquidating mined Bitcoin to fund operations and growth.

In a separate transaction, Arkham data shows that Riot deposited 200 BTC, valued at roughly $12.86 million, with New York Digital Investment Group (NYDIG), a prominent crypto lender, about 11 hours ago.

This move suggests Riot is utilizing its Bitcoin holdings as collateral for financing, a common practice among miners to access liquidity without selling.