Riot Platforms Sells 1,818 BTC for $161.6 Million in December
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 07 2026- Historic Sale: Riot Platforms sold 1,818 BTC in December, achieving a record monthly sales revenue of $161.6 million, despite an approximate 8% decrease in average price compared to November.
- Bitcoin Treasury Reduction: This sale reduced Riot's Bitcoin treasury from 19,368 BTC at the end of November to 18,005 BTC, reflecting the company's strategic response to market downturns while total sales surged by 337% month-on-month.
- Mining Capacity Increase: Riot's commissioned hashrate capacity rose to 38.5 EH/s in December, marking a 5% increase from November and a 22% year-on-year growth, indicating ongoing investments in mining capabilities to counter profitability pressures.
- Power Cost Offset: The company generated $6.2 million in power credits from demand response and reduction programs in December, representing a 171% increase from $2.3 million in November, which partially alleviated costs during periods of heightened grid stress.
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.
