Riot Platforms has divested over 11.1 million shares of Bitfarms, a Bitcoin mining competitor, for approximately $15.1 million on August 18, 2025. The shares were sold at an average price of $1.36 each, reducing Riot's stake in Bitfarms to below 5%, thus removing the requirement for public disclosure. This sale is part of a broader strategy, as Riot has offloaded about 71.5% of its original 90 million shares since 2024, generating $71.3 million in revenue despite an initial investment cost of $2.24 per share. The recent transaction represents Riot's largest single-day sale in months, exceeding previous daily sales volumes that ranged from hundreds of thousands to 4 million shares. This move highlights Riot's ongoing efforts to adjust its investment portfolio amid fluctuating market conditions.