Marathon and Riot Accelerate Bitcoin Sales Amid Market Trends
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy RIOT?
Source: stocktwits
- Accelerated Bitcoin Sales: Marathon Digital and Riot Platforms ramped up Bitcoin sales on Tuesday, with Marathon moving approximately 200 BTC to a historically selling wallet, while Riot sold another $34.8 million worth of Bitcoin, bringing its total sales for April to about $102 million, reflecting the pressure on miners to maintain balance sheets amid falling prices.
- Ongoing Accumulation Strategy: Despite reporting an unrealized loss of around $14.5 billion in Q1 2026, Michael Saylor's strategy continues to accumulate Bitcoin, adding 4,871 BTC worth over $330 million, raising market questions about whether this aggressive accumulation can reverse diminishing technical signals.
- Shifts in Market Sentiment: MARA's stock was down over 1% in pre-market trading, with retail sentiment on Stocktwits remaining neutral; in contrast, RIOT's stock fell over 2%, but its retail sentiment turned bullish, indicating a renewed confidence in its future performance.
- HODL Waves Analysis: Analysts noted that Bitcoin's HODL Waves indicate a rise in high-conviction holders, with long-term investors largely choosing to hold rather than sell aggressively, contrasting with miners' selling behavior, while Bitcoin ETFs also saw inflows for the second consecutive week, totaling $471.32 million.
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Analyst Views on RIOT
Wall Street analysts forecast RIOT stock price to rise
9 Analyst Rating
9 Buy
0 Hold
0 Sell
Strong Buy
Current: 13.520
Low
20.00
Averages
27.00
High
42.00
Current: 13.520
Low
20.00
Averages
27.00
High
42.00
About RIOT
Riot Platforms, Inc. is a Bitcoin mining and digital infrastructure company. The Company has Bitcoin mining operations in central Texas and Kentucky, and electrical engineering and fabrication operations in Denver, Colorado, and Houston, Texas. It operates a Bitcoin-driven infrastructure platform. Its segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment is engaged in Bitcoin mining activities. The Engineering segment designs and manufacturers power distribution equipment and custom engineered electrical products. This segment also provides electricity distribution product design, manufacturing, and installation services primarily focused on large-scale commercial and governmental customers and serves clients across a range of markets including data center, power generation, utility, water, industrial, and alternative energy. It is also focused on developing a portion of its power capacity for artificial intelligence (AI)/ high-performance computing (HPC) uses.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Marathon and Riot Accelerate Bitcoin Sales Amid Market Trends
- Accelerated Bitcoin Sales: Marathon Digital and Riot Platforms ramped up Bitcoin sales on Tuesday, with Marathon moving approximately 200 BTC to a historically selling wallet, while Riot sold another $34.8 million worth of Bitcoin, bringing its total sales for April to about $102 million, reflecting the pressure on miners to maintain balance sheets amid falling prices.
- Ongoing Accumulation Strategy: Despite reporting an unrealized loss of around $14.5 billion in Q1 2026, Michael Saylor's strategy continues to accumulate Bitcoin, adding 4,871 BTC worth over $330 million, raising market questions about whether this aggressive accumulation can reverse diminishing technical signals.
- Shifts in Market Sentiment: MARA's stock was down over 1% in pre-market trading, with retail sentiment on Stocktwits remaining neutral; in contrast, RIOT's stock fell over 2%, but its retail sentiment turned bullish, indicating a renewed confidence in its future performance.
- HODL Waves Analysis: Analysts noted that Bitcoin's HODL Waves indicate a rise in high-conviction holders, with long-term investors largely choosing to hold rather than sell aggressively, contrasting with miners' selling behavior, while Bitcoin ETFs also saw inflows for the second consecutive week, totaling $471.32 million.
See More
US Stocks Close Higher Amid Hopes for Iran Ceasefire
- Market Recovery: The S&P 500 rose by 0.44% and the Nasdaq 100 increased by 0.61%, both reaching 1.5-week highs, reflecting investor optimism regarding a potential ceasefire in Iran, which could enhance market confidence.
- Economic Data Impact: The US March ISM services index fell to 54.0, below the expected 54.9, indicating a slowdown in service sector growth, which may exert negative pressure on the stock market, prompting investors to monitor future economic trends.
- Strong Labor Market: March nonfarm payrolls surged by 178,000, significantly exceeding expectations of 65,000, while the unemployment rate unexpectedly dropped to 4.3%, indicating a robust US labor market that may provide support for the stock market.
- Oil Price Volatility: Crude oil prices rose by 1% amid escalating tensions in Iran following Trump's military threats, intensifying concerns over energy supply disruptions, which could impact the performance of related stocks.
See More
US Stocks Rise Slightly Amid Iran Ceasefire Hopes
- Market Performance: The S&P 500 rose by 0.27% and the Nasdaq 100 by 0.41%, reaching 1.5-week highs, reflecting market optimism over a potential ceasefire in Iran, although the feasibility of such an agreement remains uncertain.
- Economic Data Impact: The US March ISM services index fell to 54.0, below the expected 54.9, indicating signs of economic slowdown that could pressure the stock market, especially as investor confidence in recovery wanes.
- Strong Labor Market: Nonfarm payrolls increased by 178,000 in March, significantly surpassing the expected 65,000, while the unemployment rate unexpectedly dropped to 4.3%, demonstrating labor market resilience that may support the stock market.
- Oil Market Volatility: Crude oil prices are fluctuating amid Iran's rejection of a ceasefire and ongoing military actions, with the International Energy Agency warning that even if the war ends, normal flows through the Strait of Hormuz will take time to resume, potentially impacting global energy supply.
See More
US Stocks Fluctuate Slightly Amid Ceasefire Talks and Falling Oil Prices
- Market Movements: The S&P 500 Index rose by 0.19%, while the Dow Jones Industrial Average dipped by 0.04%, and the Nasdaq 100 Index increased by 0.50%, indicating slight fluctuations in the market amid strong economic data, reflecting cautious optimism among investors regarding future economic prospects.
- Strong Employment Data: March nonfarm payrolls surged by 178,000, significantly exceeding expectations of 65,000, and the unemployment rate unexpectedly fell by 0.1% to 4.3%, demonstrating resilience in the U.S. labor market, which may positively influence market sentiment.
- Declining Oil Prices: Crude oil prices fell by over 1% amid ceasefire negotiations in the Iran conflict, which could affect energy market stability; the International Energy Agency warned that even if the war ends, it will take time for normal flows through the Strait of Hormuz to resume, impacting global supply chains.
- Tech Stock Performance: Chipmakers and AI infrastructure stocks are climbing, with Seagate Technology's stock rising over 7%, showcasing ongoing market confidence in the tech sector, which may drive further investment and innovation in related companies.
See More
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- Netflix Upgrade Impact: Following Goldman Sachs' upgrade of Netflix from neutral to buy, the stock rose 1.5%, with the bank highlighting Netflix's continued leadership in content acquisition and development, alongside a high likelihood of multi-year capital returns to shareholders.
- Soleno Acquisition Surge: Shares of Soleno Therapeutics surged nearly 40% after Neurocrine Biosciences announced an agreement to acquire the company for $53 per share in cash, valuing the deal at approximately $2.9 billion, which is expected to enhance Neurocrine's leadership in endocrinology and rare diseases.
- Twilio's Critical Role: Twilio's stock rose more than 3% after Jefferies upgraded its rating from hold to buy, indicating that Twilio will play a crucial role in the development and production of voice artificial intelligence, suggesting significant future growth potential.
- Memory Stocks Rebound: Following a sharp sell-off last week, memory stocks like Sandisk and Micron jumped over 3%, while Western Digital and Seagate Technology rose more than 2% and 2.5%, respectively, indicating a strong market recovery for this sector.
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Bitcoin Miners Pivot to AI Amid Layoffs
- Strategic Shift: MARA Holdings is transitioning from a pure Bitcoin miner to an energy and digital infrastructure company, planning to lay off approximately 15% of its workforce to optimize resource allocation and adapt to new market demands.
- Layoff Impact: The layoffs affect multiple departments, with impacted employees receiving one month of paid leave and 13 weeks of severance pay, reflecting the company's relative care for its staff despite the industry's general lack of support.
- Bitcoin Sale: Between March 4 and March 25, MARA sold 15,133 BTC for approximately $1.1 billion, primarily using the proceeds to repurchase $1 billion of convertible senior notes, enhancing financial flexibility.
- Financial Pressure: MARA reported a staggering loss of approximately $1.7 billion in Q4 2025, with revenue declining 6% despite increased hashrate, highlighting the harsh economic conditions facing the mining industry.
See More
Marathon and Riot Accelerate Bitcoin Sales Amid Market Trends
- Accelerated Bitcoin Sales: Marathon Digital and Riot Platforms ramped up Bitcoin sales on Tuesday, with Marathon moving approximately 200 BTC to a historically selling wallet, while Riot sold another $34.8 million worth of Bitcoin, bringing its total sales for April to about $102 million, reflecting the pressure on miners to maintain balance sheets amid falling prices.
- Ongoing Accumulation Strategy: Despite reporting an unrealized loss of around $14.5 billion in Q1 2026, Michael Saylor's strategy continues to accumulate Bitcoin, adding 4,871 BTC worth over $330 million, raising market questions about whether this aggressive accumulation can reverse diminishing technical signals.
- Shifts in Market Sentiment: MARA's stock was down over 1% in pre-market trading, with retail sentiment on Stocktwits remaining neutral; in contrast, RIOT's stock fell over 2%, but its retail sentiment turned bullish, indicating a renewed confidence in its future performance.
- HODL Waves Analysis: Analysts noted that Bitcoin's HODL Waves indicate a rise in high-conviction holders, with long-term investors largely choosing to hold rather than sell aggressively, contrasting with miners' selling behavior, while Bitcoin ETFs also saw inflows for the second consecutive week, totaling $471.32 million.
See More
US Stocks Close Higher Amid Hopes for Iran Ceasefire
- Market Recovery: The S&P 500 rose by 0.44% and the Nasdaq 100 increased by 0.61%, both reaching 1.5-week highs, reflecting investor optimism regarding a potential ceasefire in Iran, which could enhance market confidence.
- Economic Data Impact: The US March ISM services index fell to 54.0, below the expected 54.9, indicating a slowdown in service sector growth, which may exert negative pressure on the stock market, prompting investors to monitor future economic trends.
- Strong Labor Market: March nonfarm payrolls surged by 178,000, significantly exceeding expectations of 65,000, while the unemployment rate unexpectedly dropped to 4.3%, indicating a robust US labor market that may provide support for the stock market.
- Oil Price Volatility: Crude oil prices rose by 1% amid escalating tensions in Iran following Trump's military threats, intensifying concerns over energy supply disruptions, which could impact the performance of related stocks.
See More
US Stocks Rise Slightly Amid Iran Ceasefire Hopes
- Market Performance: The S&P 500 rose by 0.27% and the Nasdaq 100 by 0.41%, reaching 1.5-week highs, reflecting market optimism over a potential ceasefire in Iran, although the feasibility of such an agreement remains uncertain.
- Economic Data Impact: The US March ISM services index fell to 54.0, below the expected 54.9, indicating signs of economic slowdown that could pressure the stock market, especially as investor confidence in recovery wanes.
- Strong Labor Market: Nonfarm payrolls increased by 178,000 in March, significantly surpassing the expected 65,000, while the unemployment rate unexpectedly dropped to 4.3%, demonstrating labor market resilience that may support the stock market.
- Oil Market Volatility: Crude oil prices are fluctuating amid Iran's rejection of a ceasefire and ongoing military actions, with the International Energy Agency warning that even if the war ends, normal flows through the Strait of Hormuz will take time to resume, potentially impacting global energy supply.
See More
US Stocks Fluctuate Slightly Amid Ceasefire Talks and Falling Oil Prices
- Market Movements: The S&P 500 Index rose by 0.19%, while the Dow Jones Industrial Average dipped by 0.04%, and the Nasdaq 100 Index increased by 0.50%, indicating slight fluctuations in the market amid strong economic data, reflecting cautious optimism among investors regarding future economic prospects.
- Strong Employment Data: March nonfarm payrolls surged by 178,000, significantly exceeding expectations of 65,000, and the unemployment rate unexpectedly fell by 0.1% to 4.3%, demonstrating resilience in the U.S. labor market, which may positively influence market sentiment.
- Declining Oil Prices: Crude oil prices fell by over 1% amid ceasefire negotiations in the Iran conflict, which could affect energy market stability; the International Energy Agency warned that even if the war ends, it will take time for normal flows through the Strait of Hormuz to resume, impacting global supply chains.
- Tech Stock Performance: Chipmakers and AI infrastructure stocks are climbing, with Seagate Technology's stock rising over 7%, showcasing ongoing market confidence in the tech sector, which may drive further investment and innovation in related companies.
See More
Premarket Movers: Netflix, Soleno, Twilio, and More
- Netflix Upgrade Impact: Following Goldman Sachs' upgrade of Netflix from neutral to buy, the stock rose 1.5%, with the bank highlighting Netflix's continued leadership in content acquisition and development, alongside a high likelihood of multi-year capital returns to shareholders.
- Soleno Acquisition Surge: Shares of Soleno Therapeutics surged nearly 40% after Neurocrine Biosciences announced an agreement to acquire the company for $53 per share in cash, valuing the deal at approximately $2.9 billion, which is expected to enhance Neurocrine's leadership in endocrinology and rare diseases.
- Twilio's Critical Role: Twilio's stock rose more than 3% after Jefferies upgraded its rating from hold to buy, indicating that Twilio will play a crucial role in the development and production of voice artificial intelligence, suggesting significant future growth potential.
- Memory Stocks Rebound: Following a sharp sell-off last week, memory stocks like Sandisk and Micron jumped over 3%, while Western Digital and Seagate Technology rose more than 2% and 2.5%, respectively, indicating a strong market recovery for this sector.
See More
Bitcoin Miners Pivot to AI Amid Layoffs
- Strategic Shift: MARA Holdings is transitioning from a pure Bitcoin miner to an energy and digital infrastructure company, planning to lay off approximately 15% of its workforce to optimize resource allocation and adapt to new market demands.
- Layoff Impact: The layoffs affect multiple departments, with impacted employees receiving one month of paid leave and 13 weeks of severance pay, reflecting the company's relative care for its staff despite the industry's general lack of support.
- Bitcoin Sale: Between March 4 and March 25, MARA sold 15,133 BTC for approximately $1.1 billion, primarily using the proceeds to repurchase $1 billion of convertible senior notes, enhancing financial flexibility.
- Financial Pressure: MARA reported a staggering loss of approximately $1.7 billion in Q4 2025, with revenue declining 6% despite increased hashrate, highlighting the harsh economic conditions facing the mining industry.
See More
