🔄 Pivot: Riot sells most of its Bitcoin to build AI data centers 🏭
📊 Riot's $BTC C holdings fell from 11,380 to 2,418 in Q3, a drop of about 79%. Mining output stayed flat at 1,637 BTC, while sales reached 10,599 BTC and about 20,264 BTC over nine months 💵
🧠 The proceeds are going toward data center growth, a sign that some miners are changing their business model 🔧
🙋 Is this good or bad for Bitcoin? Share your view below 👇
#Bitcoin #BitcoinMining #BinanceSquare
📊 Riot's $BTC C holdings fell from 11,380 to 2,418 in Q3, a drop of about 79%. Mining output stayed flat at 1,637 BTC, while sales reached 10,599 BTC and about 20,264 BTC over nine months 💵
🧠 The proceeds are going toward data center growth, a sign that some miners are changing their business model 🔧
🙋 Is this good or bad for Bitcoin? Share your view below 👇
#Bitcoin #BitcoinMining #BinanceSquare
