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Full article on Yahoo Finance
Starboard presses Riot Platforms to speed up AI data center push
Market Intelligence Analysis
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Why This Matters
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.
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 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.
Original article published by
Yahoo Finance
on February 18, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.