Summary
- Riot Platforms announced that it mined 450 BTC during June.
- As of the end of June, Riot Platforms' total Bitcoin holdings amounted to 19,273 BTC.
- Riot Platforms stated that it cashed out $41.7 million worth of Bitcoin last month.
According to cryptocurrency-focused media outlet The Block on the 3rd (local time), Bitcoin (BTC) mining company Riot Platforms (RIOT) announced that it mined a total of 450 BTC during June.
This is equivalent to approximately $49.26 million at current market prices. Riot Platforms' BTC mining volume last month increased by 76% compared to the same period last year, but it decreased by 12% compared to the previous month.
Additionally, as of the end of June, Riot Platforms is holding a total of 19,273 BTC, and it is reported that the company converted approximately $41.7 million worth of BTC into cash last month.
Meanwhile, as of 02:41 on the 4th, BTC is trading at $109,540 on the Binance Tether (USDT) market, up 0.54% from the previous day.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
![Rotation from tech to blue chips…Micron plunges 9.55% [Wall Street Briefing]](https://media.bloomingbit.io/PROD/news/d55ceac4-c0d2-4e63-aac9-f80fd45dfbbd.webp?w=250)