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The desk runs its own numbers and publishes its calls next to the account that trades them. The short route:
Riot Platforms
Listed bitcoin miner · treasury · @RiotPlatforms · @RiotPlatforms
The position comes from the company's own filing (15 679 BTC, 10-Q dated 2026-03-31), not from a sum of addresses. On chain we read $45.2M — 4.5%; the rest sits at addresses absent from every clustering we can reach.
Riot mines bitcoin and holds it. The wallet is pure BTC on Bitcoin: no stablecoins, no other chains, no trading. For a miner the balance is the output of operations minus whatever was sold to fund them.
The desk's read
This is the cleanest read on the board: one asset, one chain, one decision. Rising balance means Riot is holding production rather than selling it; a drawdown usually means coin went to market to cover power, hardware or debt.
Miner treasuries matter to supply because they are structurally forced sellers at some rate. The electricity bill arrives monthly whatever the price does. Watching whether a miner can afford to keep holding is a live read on the network's cost base.
What they hold
Largest token positions on-chain data maps to this entity, by USD value.
| Asset? | Chain? | Value? |
|---|---|---|
| BTC | bitcoin | $45.2M |
How to read a row → BTC · bitcoin · $45.2M: this entity's largest position is $45.2M of BTC held on bitcoin. Rows are sorted by USD value, so the top row is the biggest bet.
By chain
| Network? | Value? |
|---|---|
| bitcoin | $45.2M |
How to read a row → bitcoin · $45.2M: $45.2M of the holdings live on bitcoin. Chains are ranked by value, so the top row is where most of the money sits.
Source: balances read directly from public chain RPCs, priced via DeFiLlama. USD-denominated, so they move with price as well as with flows. Updated 23 Aug 2026.
Not investment advice. Entity labels are on-chain attribution and can be imperfect; a labelled balance may mix personal, treasury and custody wallets. Large balances do not imply intent, some never move.