Holding decreased by approximately 79% over three months; Riot Platforms held 2,418 bitcoins as of the end of September

Odaily reports: Bitcoin News posted on X that Riot Platforms sold 10,599 bitcoins in the third quarter and held 2,418 as of September 30, down from 11,380 at the end of June. Riot has sold 20,264 bitcoins this year at an average price of $70,855 each, generating approximately $1.5 billion in total proceeds. The company said the decline in holdings is intentional and expects to continue selling the vast majority of the bitcoins it mines.