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Bitcoin Miner Riot Platforms Sells 10,599 BTC, Secures $28 Billion AI Data Center Deal

Picture: CoinGape

HIGHLIGHTS Riot Platforms sold 10,599 BTC in Q3, reducing its Bitcoin holdings by nearly 79% from June. Riot secured a $28 billion AI data center agreement, bringing its total contracted revenue to $38 billion. RIOT stock price climbed over 10% to $15.49 on Wednesday, extending Tuesday's 18.41% rally. Bitcoin miner Riot Platforms sold 10,599 BTC in the third quarter as it redirected funds toward data center development. The company also secured a 15-year AI infrastructure lease valued at approximately $28 billion.

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