TLDR
- Riot Platforms transferred 500 BTC worth about $39 million to NYDIG in its latest on-chain transaction.
- The company has sent daily batches ranging from 60 BTC to 125 BTC over the past two weeks.
- Riot Platforms disclosed the sale of 3,778 BTC in Q1 2026, generating $289.5 million in revenue.
- MARA sold more than 15,000 BTC for approximately $1.1 billion under its revised 2026 treasury policy.
- CleanSpark and Core Scientific also reported Bitcoin sales as mining margins tightened after the halving.
Riot Platforms has continued transferring Bitcoin to institutional broker NYDIG in recent days. On-chain data shows the miner moved another 500 BTC valued near $39 million. The latest transfer extends a steady selling pattern that began weeks earlier.
Riot Platforms Sends Fresh BTC to NYDIG
Lookonchain reported that Riot Platforms deposited 500 BTC into an NYDIG address. The transaction carried an estimated value of about $39 million based on market prices. Data shows the company sent the funds directly to an NYDIG deposit wallet.
Over the past two weeks, Riot Platforms has moved batches between 60 BTC and 125 BTC almost daily. Records indicate the firm also transferred another 500 BTC exactly two weeks earlier. These transactions routed funds to NYDIG execution hot wallets for brokerage services.
Riot Platforms has maintained consistent Bitcoin sales throughout 2026. In its Q1 2026 operational report, the company disclosed the sale of 3,778 BTC. The firm generated $289.5 million at an average price of $76,626 per Bitcoin.
The company did not issue a new statement regarding the latest transfer. However, prior disclosures outlined ongoing treasury management and liquidity measures. The blockchain data confirms the continued movement of reserves.
Miner Capitulation and Broader BTC Sales
Bitcoin miners have faced tighter margins since the latest halving event. The halving reduced the block subsidy by 50%, cutting mining rewards in half. As a result, several firms have adjusted their treasury strategies.
MARA has executed large Bitcoin sales this year. The company revised its 2026 treasury policy to permit ongoing BTC sales for operational needs. MARA sold over 15,000 BTC for roughly $1.1 billion, according to its disclosures.
CleanSpark also reported Bitcoin sales during the year. The company sold 405 BTC at spot prices and another 500 BTC separately. Core Scientific announced the sale of 1,900 BTC early in the year.
Core Scientific stated plans to exit its Bitcoin holdings by the end of Q1 2026. Mining difficulty has continued to rise while firms upgrade equipment. Companies have expanded infrastructure and deployed energy-efficient ASIC rigs to manage costs.
Riot Platforms remains among the largest publicly traded Bitcoin miners. Its recent 500 BTC transfer to NYDIG marks the latest confirmed on-chain transaction. Blockchain records continue to track these movements in real time.
