Riot Blockchain Sold $250 Million in Bitcoin, Marking Second Straight Quarter of Sales
Published on April 3, 2026.
Riot Blockchain sold over $250 million worth of Bitcoin in Q1, reducing its holdings to 15,680 BTC valued at $1.04 billion. The company aims to fund AI ventures with proceeds from Bitcoin sales, following a trend among miners transitioning to AI. An activist investor highlighted the potential $21 billion boost in valuation from seizing the AI opportunity. Bitcoin experienced its worst quarterly performance since early 2018, dropping 22% year-to-date due to war, tariffs, and other issues. The Bitcoin industry is preparing for the quantum computing threat of the future, with networks like Naoris Protocol promising to combat it. The Ethereum Foundation has staked over 45,000 ETH, nearing its 70,000ETH target.
Related Articles
As freed prisoners celebrate in Cuba, human rights groups demand clarity and release of protesters
Cuba released 2,010 prisoners, amid high political tensions and a crippling oil blockade, but human rights groups demand transparency and accountability.
Discounted iPad Pro hits Apple refurb store with last-gen specs
Apple has added the M4 iPad Pro to its refurbished store, offering discounts of up to $10,000 each, with some options for $25,000.
iOS 26.5 developer beta 1 gets revised release, for reasons unknown
The first iOS 26.5 beta has been released with a slight update, featuring new features, but overall functionality remains unclear.