Hedge Fund Firm D.E. Shaw Takes Stake in Bitcoin Mining Company Riot Platforms
On January 30th, hedge fund company D.E. Shaw has established a position in Riot Platforms (RIOT.O) and may push for changes in the company, according to two sources familiar with the matter, making it the second activist shareholder in the cryptocurrency mining company. Reuters was unable to determine the size of D.E. Shaw's stake in Riot, and representatives for Riot and D.E. Shaw declined to comment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
MoneyGram Launches MoneyGram Ramps, a Crypto API Service for Developers
Bitcoin ETFs See $675M Inflow, Ethereum Follows Strongly
Bitcoin spot ETFs gain $675M inflow on May 2; Ethereum ETFs also surge with $20M net inflow, both showing zero outflows.Ethereum ETFs Follow the TrendWhat It Means for Crypto Markets
Cardano ETF Could Send ADA Price to $3
Cardano ETF is expected soon and could push ADA to $3 and beyond, marking a historic moment for the blockchain project.Could ADA Hit $3 or More?Why Institutions Are Watching Cardano
Circle Expands UAE Operations With Abu Dhabi Regulatory Approval and Hub71 Partnership
Trending news
MoreCrypto prices
More
