The company reduced its Bitcoin reserves from 15,680 to 11,380 coins to fund operating expenses and expand its AI infrastructure.
Riot is increasingly shifting away from mining toward AI infrastructure: recently, it signed a 20-year data center contract (191 MW, with expected revenue of approximately $9.1 billion).
Currently, Riot ranks 13th on the Bitcoin 100 list in terms of reserve volume—11,380 BTC.
Continue reading this article on source: sec.gov