Latest News and Articles about Riot Platforms

Riot Platforms Eyes Hyperscaler Shift Amid Starboard’s Call for Strategic Overhaul

22 December 2024 Daily Feed Bitcoin Mining, Hyperscalers, Riot Platforms, Starboard Value

Riot Platforms Faces Strategic Overhaul as Starboard Advocates Shift to Hyperscalers Riot Platforms, a significant player in the Bitcoin mining sector, finds itself at a crossroads. Despite boasting an impressive 16,728 Bitcoins and a 1 GW mining capacity, the company is underperforming in the stock market. Starboard Value, an activist investor renowned for its aggressive […]

MARA Buys $1.53B in Bitcoin, Boosting Total Reserves Amid Industry-Wide Accumulation Trend

21 December 2024 Daily Feed Bitcoin Accumulation, Hut 8, MARA, Riot Platforms

Bitcoin Mining Giant MARA Acquires $1.53 Billion in Bitcoin as Industry Leaders Expand Reserves In a strategic move that underscores the confidence of major players in the cryptocurrency market, Bitcoin mining heavyweight MARA has acquired 15,574 Bitcoins, valued at an astonishing $1.53 billion. This acquisition significantly boosts MARA’s total Bitcoin holdings to 44,394 BTC, now […]