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Bitcoin, Riot and starboard value
Riot Platforms Stock Rises Sharply. Why the Bitcoin Miner Is Surging.
Riot Platforms stock climbed Thursday on a report that activist investor Starboard Value had taken a stake in the Bitcoin mining company. Shares of Riot Platforms rose 10% to $12.95, though they traded as high as $13.
Riot Platforms stock jumps 10% after activist firm Starboard takes a stake in the bitcoin miner
Starboard is in discussions with Riot's management to potentially covert some of its facilities into data centers, the Journal reported.
Activist Starboard Value Takes Stake in Bitcoin-Mining Company Riot
Activist investor Starboard Value has built a significant position in Riot Platforms and is pushing for changes at the bitcoin-mining operator, according to people familiar with the matter. Riot, based in Castle Rock,
Riot Platforms jumps after report activist Starboard takes stake
Riot Platforms (NASDAQ:RIOT) soared 10% in premarket trading after a report that activist Starboard Value has taken a stake in the bitcoin miner. Starboard has had talks with Riot's management team as it tries to push the company to convert some of its bitcoin-mining facilities into capacity for large data-center users,
Activist Investor Starboard Has Built Stake in Bitcoin Miner Riot: WSJ
Activist investor Starboard Value has made a large investment in bitcoin miner Riot Platforms (RIOT) and is pushing for changes in the
Nairametrics
7h
US Bitcoin mining firm buys $1.1 billion worth of BTC as buying spree continues
Marathon Digital Holdings (MARA) a leading Bitcoin mining firm in the United States recently purchased 11,774 Bitcoin for ...
3h
Will Bitcoin and Data Centers Soon Heat Your Home?
Experts estimate that by 2026, global data centers’ total electricity use will match that of Japan’s—so what can we do with ...
Opinion
Royal United Services Institute
5h
Opinion
The Other Bitcoin Boom: Crypto Mining in Russia’s Shadow Territories
Russia’s ‘shadow territories’ are hosting large-scale Bitcoin mining, producing new coins that can be used for influence ...
Cowboy State Daily
6h
Wyoming Bitcoin Company Gets $4.1 Million In Chinese Crypto Mine Settlement
Wyoming-based Bison Blockchain will receive $4.1 million in a settlement over a Chinese-owned cryptocurrency mine in Cheyenne ...
1d
MARA Holdings: Currently The Cheapest Bitcoin Miner, Huge Upside Ahead
Bitcoin miners like MARA are leveraging convertible bonds to increase BTC holdings, injecting stock volatility and achieving ...
8h
Gryphon Digital Mining Appoints Energy Industry Veteran Eric Gallie as Senior Vice President of Energy Strategy
Gryphon Digital Mining, Inc. (Nasdaq:GRYP) (”Gryphon” or the “Company”), an innovative venture in the bitcoin and AI space dedicated to helping bring digital assets to the market, today announced Eric ...
decrypt
9d
Bitcoin Mining Revenue Rises as Public Firms Reap Sizable Stock Gains: JP Morgan
As Bitcoin surged to new all-time highs in November, miners saw revenues spike—and publicly traded mining firms won big.
11d
Could Marathon be leading a new era for Bitcoin mining?
Publicly traded bitcoin miners are transforming cryptocurrency with legitimacy, global reach, and corporate expansion.
CoinDesk
10d
Bitcoin Mining Profitability Improved in November, JPMorgan Says
Bitcoin daily mining revenue and gross profit improved in November, but is still about 50% lower than pre-halving levels, ...
Hosted on MSN
1d
BitFuFu Stock Surges Pre-Market On Cost-Efficient Bitcoin Mining Expansion: Retail Sentiment Powers Up
BitFuFu shares climbed 3% in premarket trading Wednesday after the Bitcoin mining company unveiled plans to expand its U.S.
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