[Hut 8 Sells 3,102 Bitcoins in Two Phases, Raising Approximately $250.2 Million; Riot Plans to Sell Almost All Newly Mined Bitcoins] Odaily Planet Daily reports that cryptocurrency mining company Hut 8 sold 954 Bitcoins in the third quarter, raising $74.8 million for stock buybacks; in October, it sold another 2,148 Bitcoins, raising $175.4 million. In total, the two phases involved the sale of 3,102 Bitcoins, raising approximately $250.2 million. Cryptocurrency mining company Riot Platforms stated that it expects to sell almost all of its newly mined Bitcoins for development and operational expenses, rather than to rebuild a large Bitcoin reserve. (Bitcoin.com News)