Bitcoin mining company Riot Platforms (NASDAQ: RIOT) has transferred another 500 Bitcoin (BTC), valued at approximately $39 million, to digital asset custodian NYDIG, signaling the latest step in its evolving treasury strategy. The move comes as Riot continues selling Bitcoin reserves to finance its expansion into artificial intelligence (AI) data centers, marking a significant shift away from relying solely on cryptocurrency mining. Blockchain tracking platform Onchain Lens detected the 500 BTC transfer on June 30, following a similar transaction identified by Arkham Intelligence earlier… Read more
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