Riot Liquidates 1,818 Bitcoin for $161.6M, Shifts Focus to AI Infrastructure
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Strategic Shift: Riot liquidated 1,818 Bitcoin in December for approximately $161.6 million, achieving an average sale price of $88,870 per BTC, indicating a clear strategic shift from accumulation to monetization.
- Mining Update: Despite mining 460 Bitcoin during the same period, Riot announced it will discontinue monthly mining updates, transitioning to quarterly reports that emphasize data center strategy and overall business performance.
- Bitcoin Holdings: By the end of December, Riot held 18,005 Bitcoin, down 1,363 from the previous month, with nearly 4,000 Bitcoin restricted and pledged as collateral under debt arrangements, highlighting ongoing asset management.
- Infrastructure Investment: The company plans to repurpose its large-scale power infrastructure to support a proposed 1-gigawatt data center, targeting high-performance computing and AI demand, reflecting broader pressures faced by the mining sector.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







