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Bitcoin mining platforms (Riot) consider himself a goal of another activist investor, and Reuters reports Giant de Shaw investment management as an unspecified share.
Moving De Shaw, which manages $ 70 billion, comes only a few weeks after another activist investor, the right value (approx. $ 9 billion in AUM), took a position in disorder. At the time of the Sterboard investment, the WSJ reported that the investor for pushing messages for the conversion of some of its bitcoin mining sites in data centers that could host machines for enabling high computer companies (HPC) for large technological companies.
Reuters did not determine whether De Shaw would put similar pressure on the miner. However, the reporting was observed, the investment firm is known that sometimes continuing an activist strategy with preferences according to negotiations with offers from Offelet.
Earlier this month, Riot said that he started a formal assessment of potential artificial intelligence / HPC for the remaining 600 megawatts (MW) power strength in one of his facilities.
Bitcoin Mining industry faced the intensive profit grip after the Bitcoin cessation at the beginning of this year (which relieved the ducts), leading some miners to look for ways to diversify their income sources. Although there were few excitement in the distribution of investors and the prices of sharing last months after a billion dollars with hyperscaler – FIRM operating data for computing and AI – which is a week to the appearance of Chinese DeePseek, which will alleged Require only the tiny fraction of computer powerful American and playing.
Corz, that only one is appointed, it is lower by about 30% of Monday. It is lower by 18% for its part of the riot in the same period and is roughly flat for a year. The shares are now 1% today.
