Funding
Riot and Hut 8 Fund AI Ventures with Bitcoin Sales
Riot (RIOT) and Hut 8 (HUT) have sold thousands of Bitcoin to fund AI data centers and buy back shares. Riot has sold 20,264 Bitcoin this year, leaving it with 2,418 BTC, while Hut 8 sold 3,102 Bitcoin to buy back $250 million worth of stock.