Activist Investor Starboard Urges Riot Platforms to Pivot from Bitcoin Mining to AI Data Centers, Valuing Potential at $21B
Activist investor Starboard Value sent a letter to Riot Platforms demanding a pivot from Bitcoin mining to AI/HPC data centers. Riot's 1.7GW power assets and AMD deal are highlighted, with a potential equity value of $9B-$21B. If no action, Riot could become an acquisition target.








