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Riot Platforms Resumes Heavy BTC Sales with 500 BTC Transfer Amid Miner Liquidations

Riot Platforms continues aggressive Bitcoin sales, transferring 500 BTC ($39M) to NYDIG in batches of 60-125 BTC nearly daily, extending Q1's record 32,000 BTC dump by public miners that exceeded all 2025 sales. Triggered by hashprices at $33/PH/s below $35 breakeven, 20% miner unprofitability, post-halving difficulty surges, and AI pivots, holdings fell from 1.86M to 1.8M BTC. This sustains supply pressure with BTC below $60K, low liquidity amplifying moves and slim June ATH odds at 3%.

Category

Bitcoin

Sentiment

Mixed

Event

Institutional flow

Reading time

1 min