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Bitcoin treasury to fund data centers

Company: Riot

Subject kind
financing
Statement date
2026-11-04
Current status
stated

The claim, verbatim

CFO Jason Chung said the Bitcoin treasury is a key financial asset the company will continue to leverage to fund development of its data center platform.

Source (primary)

Riot Platforms Sold 79% of Its Bitcoin Last Quarter. Does Mining Bitcoin Still Pay? - Yahoo Finance (-, news_article)
View cached copy (2026-11-05)Live source ↗Archive.org ↗

Quote: “Our Bitcoin treasury is a key financial asset that we will continue to leverage to fund the development of our data center platform.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Riot Platforms Sold 79% of Its Bitcoin Last Quarter. Does Mining Bitcoin Still Pay? - Yahoo Finance

Quote: “Our Bitcoin treasury is a key financial asset that we will continue to leverage to fund the development of our data center platform.”

View cached copy (2026-11-05)Live source ↗Archive.org ↗

confirms Riot Platforms Sold 79% of Its Bitcoin Last Quarter. Does Mining Bitcoin Still Pay? - 24/7 Wall St.

Quote: “Our Bitcoin treasury is a key financial asset that we will continue to leverage to fund the development of our data center platform.”

View cached copy (2026-11-05)Live source ↗Archive.org ↗

confirms Riot Platforms, Inc. Q3 2026 Earnings Call Summary - Yahoo Finance

Quote: “Strategic capital allocation has shifted toward liquidating the Bitcoin treasury to fund data center development, reducing holdings to approximately 2,400 Bitcoin to avoid equity dilution.”

View cached copy (2026-11-05)Live source ↗