Popular tech stock rallies 15% after disclosing $1.5B Bitcoin sale

Riot Platforms is effectively liquidating its future in crypto to become an AI landlord. By selling 10,599 BTC in a single quarter—6.5 times more than they actually mined—they’ve gutted their reserves by nearly 80% just to fund data centers. They are treating Bitcoin as a mere piggy bank for a $28 billion AI bet. If the world’s biggest miners are dumping their holdings this aggressively to pivot elsewhere, is Bitcoin mining still a sustainable business? What’s your take?
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