{"id":74593,"date":"2026-03-03T13:04:30","date_gmt":"2026-03-03T13:04:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=74593"},"modified":"2026-03-03T13:04:30","modified_gmt":"2026-03-03T13:04:30","slug":"riot-platforms-vp-says-company-will-continue-to-sell-bitcoin-from-treasury-to-fund-operational-needs","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=74593","title":{"rendered":"Riot Platforms VP Says Company Will Continue To Sell Bitcoin From Treasury To &#8216;Fund Operational Needs&#8217;"},"content":{"rendered":"<div>\n<p><strong>Riot Platforms, Inc.\u00a0<\/strong><a href=\"https:\/\/www.benzinga.com\/quote\/RIOT\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"RIOT\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/RIOT\">RIOT<\/a>) Executive Vice President <strong>Jason Chung<\/strong> affirmed Monday the company\u2019s ongoing strategy of funding capital expenditures through <strong>Bitcoin <\/strong><a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) sales.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin At Center Of RIOT\u2019s Financing<\/h2>\n<p>During Riot Platforms&#8217; fourth-quarter earnings call, Chung responded to a question about Bitcoin sales and their relevance to the company\u2019s capital requirements. <\/p>\n<p>\u201cIn addition to selling all of our ongoing Bitcoin monthly production, we have and will continue to sell Bitcoin directly from our balance sheet to fund our operational needs and growth CapEx,\u201d Chung responded.<\/p>\n<p>He cited\u00a0the <a href=\"https:\/\/www.benzinga.com\/trading-ideas\/movers\/26\/01\/50276669\/why-is-riot-platforms-stock-falling-friday\">acquisition of the Rockdale\u00a0site<\/a>, a $96 million deal\u00a0funded entirely through the sale\u00a0of nearly 1,100 BTC from RIOT\u2019s treasury, as an example of this strategy.<\/p>\n<h2 class=\"wp-block-heading\">\u2018Low-Cost Capital\u2019 Also &#8230;<\/h2>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/03\/50992196\/riot-platforms-vp-says-company-will-continue-to-sell-bitcoin-from-treasury-to-fund-operatio?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Riot\" platforms vp says company will continue to sell bitcoin from treasury operational needs>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Riot Platforms, Inc.\u00a0(NASDAQ:RIOT) Executive Vice President Jason Chung affirmed Monday the company\u2019s ongoing strategy of funding capital expenditures through Bitcoin (CRYPTO: BTC) sales. Bitcoin At Center Of RIOT\u2019s Financing During Riot Platforms&#8217; fourth-quarter earnings call, Chung responded to a question about Bitcoin sales and their relevance to the company\u2019s capital requirements. \u201cIn addition to selling [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-74593","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74593"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74593\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}