Riot Platforms Sells Nearly $200M in Bitcoin to Fund AI Development
- Bitcoin Sales Revenue: Riot sold nearly $200 million worth of Bitcoin in the last two months of 2025, closing the year with a balance of 18,005 BTC, which provides crucial funding for its AI build-out in 2026-27.
- Monthly Sales Growth: The company sold 383 BTC for approximately $37 million in November and 1,818 BTC for about $161.6 million in December, reflecting an 8% month-over-month increase, showcasing its sales capability and liquidity in the market.
- Hashrate Increase: Riot increased its deployed hashrate by 5% in December to 38.5 E+H/s, representing a 22% year-over-year growth, which will enhance its competitive position in the Bitcoin mining sector.
- Power Credit Gains: Power credits surged from $1 million in November to $4.9 million in December, marking a 381% month-over-month increase, which not only boosts profitability but also provides stronger financial support for future operations.
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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 | 0.00935 | 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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