Riot Platforms Follows MARA to the Exit, Sells 3,778 BTC in Q1 2026
BeInCrypto
Riot Platforms sold 3,778 Bitcoin in Q1 2026 for $289.5 million, joining other firms in reducing their digital asset holdings.Summary
Riot Platforms reported the sale of 3,778 Bitcoin during the first quarter of 2026, generating $289.5 million in net proceeds. This move reduced the company's total holdings to 15,680 BTC as of March 31. The liquidation reflects a broader trend among miners and firms, including MARA Holdings and Genius Group, who have recently trimmed their Bitcoin reserves. Despite reports of shrinking market demand, other entities like Strategy and Metaplanet continue to aggressively accumulate Bitcoin, highlighting a shift toward concentrated institutional ownership.
(Source：BeInCrypto)