Popular crypto company dumps $162 million in Bitcoin

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Riot Platforms, Inc. (Nasdaq: RIOT), a popular Bitcoin (BTC) mining company, announced on Jan. 6 that it sold 1,818 BTC in December 2025.

So far, it is the Castle Rock, Colorado-headquartered company’s largest single-month Bitcoin sale.

Riot currently operates Bitcoin mining facilities in central Texas and Kentucky, with engineering and fabrication capabilities in Denver and Houston.

Bitcoin mining is the process of using high-end computers to encrypt complex cryptographic functions so that a miner can verify and add blocks containing BTC transactions to the blockchain.

In exchange for securing the Bitcoin blockchain, miners receive rewards in the form of newly mined BTC.

But Bitcoin miners claim the enterprise is no longer rewarding because of reduced rewards.

The hash price is a key metric that quantifies how much a miner can expect to earn from a specific quantity of hashrate. It is a function of network difficulty, Bitcoin’s price, block subsidy, and transaction fees.

As per the chart above, the hashprice has drastically declined over the last three months. Riot’s record sale of Bitcoin worth $161.6 million last month is reflective of the slump in the crypto market during the period.

The average price per BTC sold stood at $88,870 in December 2025 against $96,560 in November 2025.

However, the company sold only 383 BTC in November 2025. So, the next month saw a steep monthly jump of 375%.

As far as production is concerned, Riot Platforms generated 460 Bitcoin last month, in contrast to only 428 BTC in November.

On average, the company produced 14.8 BTC a day in December 2025.

As per the statement, Riot holds 18,005 BTC, down 7% in a month.

The RIOT stock was exchanging hands at $14.82 in pre-market hours on Jan. 7, down 1% in a day.

This story was originally published by TheStreet on Jan 7, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.