Riot Platforms sells 79% of Bitcoin holdings, shifts $1.5 billion into AI infrastructure
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🚨 Riot Platforms sold off 79% of its $BTC to invest in artificial intelligence infrastructure.
⚡ The shift reallocates surplus mining power to high-performance computing for Anthropic’s AI lab.
📉 Declining mining profits led Riot to close a $200 million credit line and boost cash reserves.
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