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BTC $62,525.07 -0.38%
ETH $1,780.92 +0.14%
BNB $568.53 -0.01%
XRP $1.06 -0.90%
SOL $74.95 -1.87%
TRX $0.3246 -1.51%
DOGE $0.0721 -0.24%
ADA $0.1587 -0.79%
BCH $235.51 -0.54%
LINK $7.92 -0.31%
HYPE $63.66 -2.58%
AAVE $95.73 +1.38%
SUI $0.7308 -0.05%
XLM $0.1789 -2.42%
ZEC $506.46 -2.20%

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

2024-06-05 22:34:01
Collection

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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