Gate News update, April 2, on-chain analytics platform Lookonchain monitoring shows that Bitcoin mining firm Riot Platforms has again sold 500 BTC, worth approximately $34.13 million. Data shows that the company’s total sell-off this month has already exceeded 1,000 BTC.

Gate News update. April 1, according to monitoring by Lookonchain, Bitcoin miner Riot Platforms appears to have sold 500 BTC about 2 hours ago, worth approximately $34.13 million.

Gate News: According to the latest Gate TradFi data, RIOT (Riot Platforms) has dropped by 8% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News: According to the latest Gate TradFi data, RIOT (Riot Platforms) has surged by 8% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

On March 19, hawkish comments from the Federal Reserve triggered a decline in U.S. stocks, with the Dow Jones falling 0.64%, the S&P 500 down 0.79%, and the Nasdaq down 1.14%. Crypto-related stocks also declined across the board, with declines seen in Circle, CEX, Riot, and others.

VanEck Research Director Matthew Sigel pointed out that Bitcoin mining stocks are attractive to investors, as mining companies are shifting toward the AI market to enhance value. Core Scientific plans to sell Bitcoin assets to expand its AI business, and Riot Platforms expects to achieve a strategic transformation by 2025. Over the past 12 months, both Core and Riot stocks have increased by 90%, while MARA has fallen 35% due to rising costs. NODE ETF has risen over 30% since its launch.

Bitcoin mining company Riot Platforms announced its 2025 performance, with revenue reaching $647.4 million, a new record high. The company mined 5,686 Bitcoins throughout the year, generating $576.3 million in revenue. The CEO stated that the company is accelerating its transformation towards AI and high-performance computing infrastructure to create long-term value.