PANews reported on May 6 that according to Decrypt, the listed mining company Riot Platforms sold 475 bitcoins in April, cashing in about $38.8 million to support operations and avoid equity dilution. 463 of them were newly mined that month, with an average selling price of $81,731. Affected by the halving of Bitcoin in April 2024, Riot's output that month fell 13% year-on-year. Although BTC has risen 47% this year, the current price is still lower than the historical high at the beginning of the year. In addition, the difficulty of mining across the entire network has increased by 35% year-on-year, further squeezing miners' profits. Riot's stock price fell 5.84% on Monday.