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ZEC $840.76 +4.13%
BTC $78,138.17 +0.54%
ETH $2,459.10 +0.94%
BNB $692.28 +0.43%
XRP $1.39 +0.23%
SOL $105.11 +1.53%
TRX $0.3405 +0.58%
DOGE $0.0849 +0.43%
ADA $0.2015 +0.71%
BCH $245.77 +0.58%
LINK $11.38 +0.33%
HYPE $83.45 +2.46%
AAVE $124.96 +2.49%
SUI $0.7403 +0.32%
XLM $0.1794 +1.05%
ZEC $840.76 +4.13%

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

2024-06-05 22:34:01

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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