jain.com

BTC treasury funds data centers; sell mined BTC

Company: Riot

Subject kind
financing
Statement date
2026-11-08
Current status
stated

The claim, verbatim

Riot's management said its Bitcoin treasury is the main funding source for developing its data centers and that it plans to sell almost all the Bitcoin it mines going forward.

Source (primary)

Bitdeer and Riot Jumped 13% in a Day as Bitcoin Fell Under $75,000. Why Are Miner Stocks Rallying While BTC Drops? - 24/7 Wall St. (-, news_article)
View cached copy (2026-11-09)Live source ↗Archive.org ↗

Quote: “Riot's management said its Bitcoin treasury is the main funding source for developing its data centers, and it plans to sell almost all the Bitcoin it mines going forward.”

How we checked this

Checked on November 10, 2026. The cited source supports every part of this claim.

The article attributes both statements to Riot's management.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://247wallst.com/investing/cryptocurrency/2026/11/08/bitdeer-and-riot-jumped-13-in-a-day-as-bitcoin-fell-under-75000-why-are-miner-stocks-rallying-while-btc-drops/) in full (14,518 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Bitdeer and Riot Jumped 13% in a Day as Bitcoin Fell Under $75,000. Why Are Miner Stocks Rallying While BTC Drops? - 24/7 Wall St.

Quote: “Riot's management said its Bitcoin treasury is the main funding source for developing its data centers, and it plans to sell almost all the Bitcoin it mines going forward.”

View cached copy (2026-11-09)Live source ↗Archive.org ↗