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Riot and Hut 8 sell thousands of bitcoin to fund AI and buybacks
Riot sold 20,264 bitcoin this year to fund AI data centers and now holds 2,418 BTC, while Hut 8 sold 3,102 BTC to repurchase $250 million of stock.
HUT news this week leans bearish: in the last 7 days we classified 0 bullish, 1 bearish and 0 neutral HUT story. The heaviest story: “Riot and Hut 8 sell thousands of bitcoin to fund AI and buybacks” (Bitcoin Magazine).
Why is crypto down today? →Riot sold 20,264 bitcoin this year to fund AI data centers and now holds 2,418 BTC, while Hut 8 sold 3,102 BTC to repurchase $250 million of stock.