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Riot Platforms liquidates Bitcoin holdings for $9.1B AI deal

Riot Platforms · Aug 11, 2026 · cryptoslate
Riot Platforms liquidates Bitcoin holdings for $9.1B AI deal
crypto-pricesai-model-capexdata-center-buildout

Riot is shifting focus from Bitcoin mining to an AI data center play. This move could dilute shareholder value by liquidating a core asset to fund a speculative, long-term venture with no immediate revenue.

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