Company Sold BTC for the First Time in 15 Months


- Riot platform announced that it had extracted 463 bitcoins in April, against 533 pieces in March.
- The company sold part of its Trow BTC to avoid collecting funds on actions to strengthen its mining operations.
Riot Platforms Inc. (Nasdaq: Riot), a Bitcoin mining company (BTC) based in the United States, announced its production and operations update not audited for April 2025. For the first time since January 2024, Riot Platform has made its first maximum sale.
The company announced that it had managed to raise $ 38.8 million compared to its Bitcoin sales in April 2025, thus funding its operations without any fundraising in equity. In addition, Riot announced that it has closed the acquisition of all tangible rhodium assets to the installation of Rockdale, including 125 MW of electrical capacity, and has ended all pending disputes.
“During the month of April, we made the strategic decision to sell our monthly Bitcoin production to finance growth and continuous operations. We permanently assess the best sources of financing given a multitude of factors and prioritize a solid assessment. These sales reduce the need to collect capital funds, limiting the quantity of dilution in our actions”, Jason les, CEO de Riot, noted.
Expected impact of riot sales on the Bitcoin market
The Bitcoin network has experienced exponential growth in recent years, strengthened by increasing adoption by institutional investors and growing global discomfort. The sale of Bitcoin by Riot is a gesture of maturity of Bitcoin and will play a crucial role in the strengthening of the long-term BTC network. By over, Riot Platform is determined to strengthen its mining BTC installations in the United States under the administration of Donald Trump.