Starboard presses Riot Platforms to speed up AI data center push
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Starboard Value, an activist investor, is urging Riot Platforms to accelerate its AI data center deals, citing booming demand for AI infrastructure and volatile bitcoin mining profits. This push reflects a shift in the crypto mining industry, where companies are exploring alternative uses for their power capacity. Riot's shares have risen 5% in premarket trading.
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Activist investor Starboard Value on Wednesday pressed Riot Platforms to speed up AI data center deals, saying the bitcoin miner is well-positioned to capitalize on booming demand for artificial intelligence infrastructure. Shares of Riot rose about 5% in premarket trading. The push underscores a shift among crypto miners, which are looking to use their large power capacity for AI computing as bitcoin mining profits remain volatile and demand for AI data centers grows rapidly.
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المقال الأصلي منشور بواسطة Yahoo Finance في فبراير 18, 2026. التحليل والرؤى المقدمة من AnalystMarkets AI.