Riot Platforms sold nearly 3,800 Bitcoin in Q1, joining a growing trend of miners offloading holdings. The reason isn’t panic — it’s pressure. Rising energy costs, driven by global tensions and higher oil prices, are squeezing mining margins and forcing companies to sell just to stay operational.

This highlights a key reality: miners don’t just hold Bitcoin — they depend on it for cash flow. When costs rise, selling becomes necessary. It’s a reminder that behind every market move, there are real-world economics at play, not just speculation.