🔥 Riot (RIOT) And Hut 8 (HUT) Sell Thousands Of Bitcoin To Fund AI Ventures, Share Buybacks.
Bitcoin miners are selling BTC to bet on AI instead. Riot Platforms has sold 20,264 Bitcoin this year to fund artificial intelligence ventures.
The company is reducing its crypto treasury to invest in high-growth tech outside of mining. Hut 8 is also unloading thousands of Bitcoin for AI projects and share buybacks.
Both public miners are shifting capital away from Bitcoin holdings toward new revenue streams. Is this the end of Bitcoin treasury mining, or just a smart pivot?
❓ What's your take — is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption
Bitcoin miners are selling BTC to bet on AI instead. Riot Platforms has sold 20,264 Bitcoin this year to fund artificial intelligence ventures.
The company is reducing its crypto treasury to invest in high-growth tech outside of mining. Hut 8 is also unloading thousands of Bitcoin for AI projects and share buybacks.
Both public miners are shifting capital away from Bitcoin holdings toward new revenue streams. Is this the end of Bitcoin treasury mining, or just a smart pivot?
❓ What's your take — is this the start of a bigger move or just noise? Drop it below.
$BTC
$ETH
#CryptoMarkets #DigitalAssets #BlockchainAdoption