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TRX $0.3226 -0.81%
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ADA $0.2466 -0.56%
BCH $452.53 +0.41%
LINK $9.23 -0.80%
HYPE $39.95 -4.28%
AAVE $96.26 -1.06%
SUI $0.9235 -0.89%
XLM $0.1618 -2.22%
ZEC $336.73 -4.46%

After being shorted by Kerrisdale Capital, Bitcoin mining company Riot's stock price fell by 6%

2024-06-05 22:34:01
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ChainCatcher news, Bitcoin-listed mining company Riot Platforms (RIOT) underperformed its peers on Wednesday, after the renowned short-selling firm Kerrisdale Capital announced its short position on RIOT stock while going long on Bitcoin (BTC). It is reported that Riot's stock was one of the worst-performing cryptocurrency-related stocks on Wednesday, falling over 6%. A representative from Riot did not immediately respond to a request for comment.

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