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Ryan D. Werner, SVP, CAO at Riot Platforms, Inc. (NASDAQ:RIOT), sold 14,984 shares of common stock on October 10, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at $23.0, for a total transaction value of $344,632. The transaction comes as RIOT, currently valued at $7.8 billion, has shown remarkable momentum with a 209% gain over the past six months.
Following the transaction, Werner directly owns 822,775 shares of Riot Platforms.
The sale was executed under a Rule 10b5-1 trading plan adopted on December 13, 2024.
Tanya McGill, Attorney-in-Fact for Ryan D. Werner, signed the report on his behalf.
In other recent news, Riot Platforms reported the production of 445 Bitcoin in September, marking a 7% decrease from August but an 8% increase compared to the same month last year. The company sold 465 Bitcoin during September, generating net proceeds of $52.6 million at an average price of $113,043 per Bitcoin. As of the end of the month, Riot held 19,287 Bitcoin, including 3,300 in restricted Bitcoin, reflecting an 85% increase from its holdings in September 2024. Additionally, Cantor Fitzgerald raised its price target for Riot Platforms to $26, maintaining an Overweight rating, following the company’s Bitcoin sales. JPMorgan also upgraded Riot Platforms from Neutral to Overweight, increasing its price target to $19, citing the company’s mining scale and strategic advantages. In August, Riot produced 477 Bitcoin, which was a 48% increase compared to the previous year, though slightly lower than July’s output. This production in August marked an all-time high for the company for that month. These developments highlight Riot Platforms’ ongoing activities and strategic position in the cryptocurrency mining sector.
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