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market Thursday. The loss was largely non-cash: $266.5 million in impairment charges and a $30.8 million…year ago, driven by a 45% drop in bitcoin mined as the company deliberately pivots toward colocation — which
declines on its bitcoin holdings as prices fell roughly 22%. Strip out that non-cash revaluation
Riot Platforms transferred 500 BTC, worth approximately $38.24 million, to NYDIG in the past five hours — the latest…pattern of Riot converting mined supply into cash rather than holding on the balance sheet. Miner selling
volume-weighted average price. The cash portion would draw on GameStop's $9.4 billion balance sheet plus…cost reductions within 12 months of closing. The Bitcoin angle is speculative but real: GameStop already holds BTC
operators consistently route BTC to custodians rather than holding, it signals either operational cash needs or a deliberate
pointed case for the original Bitcoin thesis: that peer-to-peer digital cash must be actively preserved…Bitcoin remains its permissionless, seizure-resistant design. Suter's warning that the peer-to-peer cash layer could
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