Bitcoin Miner Riot Platforms (Riot) is an objective of a second activist investor, and Reuters reported that the Shaw investment management giant has taken an un specified participation.
The Shaw movement, which administers $ 70 billion in assets, occurs only weeks after another activist investor, the starboard value (approximately $ 9 billion in AUM), took a position in Riot. At the time of Starboard investment, the WSJ reported that the investor pressed Riot .
Reuters did not specify if Shaw will exert a pressure similar to the miner. However, the report said, it is known that the investment company sometimes follows an activist strategy with negotiation with companies outside the center of attention.
Earlier this month, Riot said that a formal evaluation of possible uses of artificial intelligence/HPC for its 600 remaining megawatts (MW) of power capacity in one of its facilities began.
Bitcoin’s mining industry has faced an intense gain tight income. While there was some emotion in the feeling of investors and the prices of shares in recent months after Riot Core Scientific (Corz) signed a multi -million dollar agreement with a hyperscalador, a company that operates large -scale data centers for Cloud and Ia computing, which disappeared. Week with the emergence of Deepseek of China, which, according to reports, will require only a small fraction of AI games based in computer power based in the United States.
Corz, to name only one, is lower by approximately 30% from Monday. For his part, Riot is lower in 18% during the same period and is approximately plan of year after year. The shares have increased by 1% today.
