Riot Platforms sold 3,778 BTC in Q1 2026, raising about $289.5 million

Riot Platforms, one of the largest publicly traded Bitcoin mining companies, trimmed its Bitcoin holdings after selling 3,778 BTC during the first quarter of 2026. The Nasdaq-listed miner generated about $289.5 million in net proceeds from the transactions. The sales signal a meaningful shift for one of the most closely watched Bitcoin mining stocks in the U.S., as miners across the sector face mounting selling pressure. In recent months, multiple listed mining firms have collectively sold more than 15,000 BTC.