
On December 12, 2024, activist investor Starboard Value has built a significant stake in Riot Platforms Inc. (NASDAQ: RIOT), a leading Bitcoin mining company, and is pushing for strategic changes. Reports indicate that Starboard is urging Riot to convert some of its mining facilities into data centers for hyperscale and AI-related computing needs, potentially capitalizing on the growing demand in the data center market. Following the news, Riot's shares surged as much as 14% in premarket trading.
Riot $RIOT shares jump 12% on report of Starboard stake https://t.co/XVWW1Od748 https://t.co/SMJttomUYE
Starboard Value (SV) is a highly respected investment manager, with an outstanding track record of value-creation - SV taking a stake in $RIOT signals that #digitalasset miners/exchanges/etc may be "under-priced" Positive for $MSTR $SMLR $MARA $WULF $COIN $DEFTF others.. etc https://t.co/9vWj6LbJTp
Mineradores de bitcoin adotam estratégia investimento seguida pela MicroStrategy https://t.co/UMIN3haPCk



