Sources familiar with the matter reveal that the well-known Bitcoin mining company Riot Platforms has just announced its unverified production data for December—mining 460 BTC last month, an increase from 428 BTC in November. It looks promising, but during the same period, the company sold 1818 BTC, cashing out approximately $161.6 million. After this significant sale, its Bitcoin reserves have dropped to 18,005 BTC. Increasing production while significantly reducing holdings—what is the underlying logic behind this move? Is it arbitrage exit or are there other considerations? Worth pondering.
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BearEatsAll
· 01-09 14:05
Increase production by 460 heads and discard 1818 units, isn't this just trying to create a market?
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BuyTheTop
· 01-09 03:04
Mining or cashing out, isn't it the same game?
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Increased production by 460, sold 1818, this move is a bit... outrageous
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What is Riot playing at? Mining while running away?
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Cashed out 160 million dollars, seems like they are not confident
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Reserves cut from over 200,000 to 18,005, definitely reducing holdings
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This rhythm feels like preparing for something
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To put it simply, cash flow is the priority, mining is just a cover
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Still, as I said, big investors' escape signals should be taken seriously
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With this selling intensity, is something about to happen?
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Reserves plummeted so much, why hasn't the market reacted yet
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AllInDaddy
· 01-08 14:54
Mining while dumping, this move is incredible
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Huh? Increasing production by 460 and then flipping 1818, is it short on money or just bearish
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$16 billion cash out, is Riot planning to run or just holding and watching
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Good production data, but reserves have dropped significantly, this logic doesn't quite hold up
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Selling so much BTC, is Bitcoin about to drop? Seems like a signal
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Increasing production without increasing positions, this move looks like a take-profit operation
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Mining companies are starting to unload, be alert for a wave
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Mine and sell? Or is it due to cash flow pressure
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18,005 coins is still a lot, but such a heavy reduction is a bit strange
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LoneValidator
· 01-07 12:43
Mining while running, this trick looks like it's leaving a backup plan for oneself.
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MissingSats
· 01-06 14:50
Mining increases production but is疯狂 selling, this move is really clever, it's either due to lack of funds or bearish on the market.
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GateUser-cff9c776
· 01-06 14:49
The more you mine and sell aggressively, the more it screams of the supply curve—this is truly the "Schrödinger's Bull Market."
Increasing production while dumping inventory—according to Buffett's logic, is this called hedging arbitrage or a disguised admission of defeat?
Mining companies are starting to run away; everyone should be cautious.
This operation perfectly exemplifies bear market philosophy—overproduction plus cash flow pressure, a classic capital dilemma.
Increasing production isn't necessarily good news; look at this rhythm of 1818 coins—definitely worth pondering.
Productivity is increasing, but reserves are shrinking; the logic is a bit tangled, everyone.
Perhaps they are just doing basic risk management, but from an ROI perspective, it doesn't look good.
Increasing production and reducing holdings—this move is probably in preparation for something.
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FastLeaver
· 01-06 14:49
Mining feels great, selling feels even better. This move is really brilliant.
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Increasing production while selling off, what are they thinking?
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Cash out 160 million just to exit? Their vision is too narrow.
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The reserve dropped from how much to 18005? That move is pretty aggressive.
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Increasing production is useless; the key is whether they're escaping the top.
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This mining company probably wants to run away; the red flag is already flying.
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Production data looks good, but isn't it just to dump the market?
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Arbitrage and exit? I think they’re forced to sell off.
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Selling 1818 coins directly, aren't they afraid of crashing the market?
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I don't understand this logic, but something feels off.
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Increasing production, increasing production, but in the end, they still have to cash out to fill the gaps.
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GameFiCritic
· 01-06 14:48
The increase in capacity is quite good, but then I turned around and threw away 1818 coins... This operational logic is really hard to hold up. Cashing out 160 million is this move urgent for a quick return or is it bearish on the future market?
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probably_nothing_anon
· 01-06 14:35
Increased production by 460, then turned around and threw 1818, this trick is really unbeatable
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FudVaccinator
· 01-06 14:27
Mining is going well, but then I turned around and dumped 1818 tokens. The logic doesn't hold up anymore.
Could it be that they're planning to run away? Why is the production increasing while they start to clear out their inventory?
This move is really a bit sneaky—mining while selling. What exactly are they trying to do?
Throwing out over 1800 tokens directly, that's really ruthless. But cashing out 160 million is indeed tempting.
Production increases but they’re dumping a lot of tokens. Something feels off.
The pace of clearing out inventory is so fast. What are the mining companies thinking?
They’re so proactive in increasing production, then suddenly start slimming down. What are they preparing for?
Isn’t it just about locking in profits? Don’t overcomplicate it.
Sources familiar with the matter reveal that the well-known Bitcoin mining company Riot Platforms has just announced its unverified production data for December—mining 460 BTC last month, an increase from 428 BTC in November. It looks promising, but during the same period, the company sold 1818 BTC, cashing out approximately $161.6 million. After this significant sale, its Bitcoin reserves have dropped to 18,005 BTC. Increasing production while significantly reducing holdings—what is the underlying logic behind this move? Is it arbitrage exit or are there other considerations? Worth pondering.