Riot Platforms sells $198.6M in BTC in Nov–Dec 2025, ends year with 18,005 BTC

According to Matthew Sigel of VanEck, Riot Platforms sold 383 BTC in November 2025 for about $37 million and 1,818 BTC in December for roughly $161.6 million, totaling approximately $198.6 million. Sigel said the proceeds could jump-start the firm's 2026–27 AI build-out, as Riot ended 2025 holding 18,005 BTC.