De shaw takes gram


De Shaw has obtained a stake in the company Riot Platforms for Bitco Mining and may pay for strategic changes, Reuters said, noting sources familiar with this issue.

The size of the hedge box position It is still unknownAnd she rejected both riots and de Show.

This represents the second activist to assume an interest in Bitcoin (BTCRiot mine, after the Netscledboard Value share last year. Starboard urged riots to consider dedicating some of its ability to artificial intelligence.

In response, Riot recently announced an official review of AI applications and high -performance computing applications at the Corsicana facility, Texas.

RIOT shares are traded at $ 10.98 at the time of writing, a decrease of about 1.2 % per day.

Riot works versus bitfarms

The riots, worth $ 3.8 billion, tried to obtain a Bitarms competitor last year, but the deal fell. Instead, the two companies He agreed to aircraft changes In bitfarms.

De Shaw, which runs 70 billion dollars of assets, is primarily known for quantum investment but sometimes participates in the strategies of activists, usually negotiate behind the scenes.

The company recently acquired a stake in Air Products and Chemicals, where it worked alongside the activist Mantle Ridge Capital to pay for driving changes and capital customization.



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