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Just caught wind that Riot, one of the major BTC miners, dumped around 200 million in bitcoin over the last couple months of 2025. That's a pretty significant move for a bitcoin miner to be liquidating that much. Makes you wonder what the strategy was there - whether they needed the cash or if it was just portfolio management. Either way, it's interesting to see how BTC miners are positioning themselves in this market cycle. When a big player like that starts moving that much bitcoin, the rest of us are usually watching pretty closely to figure out what they know.