Riot’s Q3 Bitcoin Disposal Leaves Holdings Down Nearly 79%
Riot Platforms sold 10,599 BTC in the third quarter while moving custody from NYDIG Trust to BitGo Bank & Trust.
Riot Platforms sold 10,599 BTC in the third quarter while moving custody from NYDIG Trust to BitGo Bank & Trust. Bitcoin (BTC) is trading at $80,557.00, up 0.2% since this brief published. This is an original TLT brief based on reporting by TronWeekly, with live market data added, as of Thu, 05 Nov 2026 07:00:04 UTC.
Riot is sharply reducing its balance-sheet exposure to Bitcoin as it redirects capital toward data-center development. The custody transfer is a separate operational change affecting how the remaining holdings are managed.
- Riot sold 10,599 BTC during the third quarter.
- The sale reduced its Bitcoin holdings by nearly 79%.
- Custody moved from NYDIG Trust to BitGo Bank & Trust.
- Bitcoin trades at $80,423 after a 4.12% daily gain.
- Riot expands AI infrastructure while sharply reducing its Bitcoin holdings
- Riot’s Q3 Bitcoin Disposal Leaves Holdings Down Nearly 79% — this brief
- Riot and Hut 8 trim bitcoin holdings to fund expansion and buybacks
Riot Platforms sold 10,599 
Bitcoin during the third quarter, according to TronWeekly’s account of an October 29 filing with the U.S. Securities and Exchange Commission. The disposal reduced the miner’s Bitcoin holdings by nearly 79%, marking a substantial retreat from its position as the company shifts capital toward data-center development, including an AI-focused strategy identified in the report’s headline.
TronWeekly also reported that Riot completed the transfer of its Bitcoin custody from NYDIG Trust to BitGo Bank & Trust. The sale and custody transfer were both disclosed through the filing, although the supplied coverage does not provide the transaction’s proceeds, the size of the remaining Bitcoin balance, or further details about the data-center capital plan. Bitcoin’s network conditions provide the live technical backdrop. Mempool.space reported network hashrate at 1,031 exahashes per second and difficulty at 148.4 trillion. Those readings sit alongside broad, positive crypto-market conditions rather than an immediate period of visible network stress. The wider market capitalization was $2.76 trillion, with the overall crypto market broadly higher. Bitcoin was priced at $80,423, up 4.12% over 24 hours and 0.89% over seven days, while its market capitalization reached $1.62 trillion. The Crypto Fear & Greed Index stood at 50, classified as neutral. For Riot, the immediate significance is the scale of the balance-sheet reduction and the parallel custody change as data centers become a larger strategic focus. Investors and data users can monitor future disclosures for the remaining Bitcoin position, additional deployment of sale proceeds, and the progress and scale of the company’s data-center plans; the supplied report does not establish how much capital was redirected or what returns are expected.
Since this brief published about 12 hours ago, Bitcoin (BTC) has moved from $80,423.00 to $80,557.00 — +0.17%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $55,000 by December 31, 2026?
Crowd-implied probability on Polymarket, $120.33K 24h volume, resolves Jan 1 — snapshotted when this brief published (Nov 5 05:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦111.33M (about $80,557.00), up 3.4% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 5, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Riot’s Q3 Bitcoin Disposal Leaves Holdings Down Nearly 79% — questions & answers
How much Bitcoin did Riot sell in Q3?
Riot sold 10,599 BTC during the third quarter, reducing its holdings by nearly 79%, according to TronWeekly’s summary of an SEC filing.
Where did Riot transfer its Bitcoin custody?
Riot moved custody from NYDIG Trust to BitGo Bank & Trust, TronWeekly reported.
Where was Bitcoin trading during this coverage?
Bitcoin was priced at $80,423, up 4.12% over 24 hours and 0.89% over seven days.
How much is 1 Bitcoin worth in naira today?
About ₦111.33M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $80,557.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.17% since this brief first published — trading at $80,557.00 now versus $80,423.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from TronWeekly. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.