Riot Platforms Sells 2,201 BTC for $200 Million to Fund AI Data Center
- Strategic Shift: Riot Platforms sold 2,201 BTC between November and December 2025, raising approximately $200 million to fund the expansion of its AI data center in Corsicana, Texas, marking a significant pivot towards AI infrastructure.
- Market Reaction: Despite mixed market reactions to the Bitcoin sale, Riot's shares rose by 1.3%, indicating confidence in the company's long-term strategy as it retains 18,005 BTC, showcasing ongoing market involvement.
- Self-Financing Capability: By selling Bitcoin, Riot can self-finance the construction of its 112 MW AI facility, expected to be completed in 2027, which allows the company to maintain autonomy over its power infrastructure investments.
- Industry Trend Impact: This sale could exert pressure on Bitcoin markets due to increased miner sales, with experts suggesting that such moves may influence industry trends towards AI investment, although no immediate regulatory repercussions have been observed, indicating that the corporate strategy remains unchallenged.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00933 | 0.0149 | 0.02 | 0.0256 | 0.0307 | 0.0363 | 0.0414 |
| Fibonacci | 0.0149 | 0.019 | 0.0215 | 0.0256 | 0.0297 | 0.0322 | 0.0363 |
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