Starboard Is Said to Urge Riot to Speed Up Shift to Data Centers

Market Intelligence Analysis

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Why This Matters

Activist investor Starboard Value is urging Riot Platforms Inc. to accelerate its shift from Bitcoin mining to data center operations, potentially benefiting from the growing demand for hyperscale data centers.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Activist investor Starboard Value is asking Riot Platforms Inc. to speed up its transition from Bitcoin miner to a data center company that could house hyperscaler tenants, according to a letter reviewed by Bloomberg News.

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Original article published by Bloomberg on February 18, 2026.
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