Data center transition
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Here's Why Riot Platforms Closed More than 10% Lower Today
The Motley Foolยท 2025-12-15 21:37
The company's transition toward becoming a data center business may lead to some choppiness.It's been a horrid day for any company that calls itself a cryptocurrency miner (or did). Riot Platforms (RIOT 10.39%) is one such company, having recently announced its own plans to transition away from Bitcoin mining activities, though that hasn't helped the company's stock price today. Closing 10.4% lower on Monday, shares of Riot Platforms appear to be under pressure from several angles.NASDAQ : RIOTRiot Platform ...