Riot Platforms Inc. (RIOT) Sells 1,818 BTC After 8% Production Increase

Group 1 - Riot Platforms Inc. announced an 8% month-over-month increase in Bitcoin production for December, although it was 11% lower than the same month in 2024 [1][2] - The company's hash rate increased by 5% to 38.5 EH/s, which is 22% higher than the previous year [2] - Riot sold 1,818 Bitcoin in December, generating $161.6 million in net proceeds, a significant increase from the 38 Bitcoins sold in November [3] Group 2 - The company ended the year with 18,005 Bitcoin in reserves, reflecting a 2% increase from the end of 2024 [3] - Riot Platforms has entered into a sales agreement to establish an at-the-market offering program, planning to sell up to $500 million of its common stock at prevailing market prices [4] - Riot Platforms is focused on developing large-scale data centers for high-density computing and Bitcoin mining, aiming to power the digital economy [5]