Market Chatter: D.E. Shaw Buys Stake in Riot Platforms-February 2024-www.financetom.com

Market Chatter: D.E. Shaw Buys Stake in Riot Platforms

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Market Chatter: D.E. Shaw Buys Stake in Riot Platforms

Jan 29, 2025 7:50 AM

10:18 AM EST, 01/29/2025 (MT Newswires) -- D.E. Shaw has bought a stake in Riot Platforms ( RIOT ) and may push the bitcoin miner to implement changes, Reuters reported Wednesday, citing two sources familiar with the matter.

Reuters said it couldn't determine the size of the stake.

Riot Platforms ( RIOT ) and D.E. Shaw didn't immediately respond to requests for comment from MT Newswires.

Shares of Riot were up 2.4% in recent Wednesday trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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