{"id":22416,"date":"2026-02-18T10:00:50","date_gmt":"2026-02-18T15:00:50","guid":{"rendered":"https:\/\/tvdelmarva.com\/wp\/investment-firm-urges-bitcoin-miner-riot-to-fast-track-ai-data-center-deals\/"},"modified":"2026-02-18T10:00:50","modified_gmt":"2026-02-18T15:00:50","slug":"investment-firm-urges-bitcoin-miner-riot-to-fast-track-ai-data-center-deals","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/investment-firm-urges-bitcoin-miner-riot-to-fast-track-ai-data-center-deals\/","title":{"rendered":"Investment Firm Urges Bitcoin Miner Riot to Fast-Track AI Data Center Deals"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n

An influential investment firm is calling on cryptocurrency mining company Riot Platforms to accelerate its pursuit of artificial intelligence data center partnerships, arguing the company has prime positioning to benefit from surging AI infrastructure needs.<\/p>

Starboard Value made the appeal Wednesday in correspondence to Riot’s leadership, causing the company’s stock price to climb roughly 5% during pre-market hours.<\/p>

The recommendation highlights a broader transformation within the cryptocurrency mining sector, as companies seek alternative revenue streams from their substantial electrical capacity while bitcoin mining returns remain unpredictable and AI data center requirements expand dramatically.<\/p>

According to Starboard’s correspondence to Riot CEO Jason Les and Executive Chairman Benjamin Yi, artificial intelligence and high-performance computing firms are increasingly viewing crypto miners as appealing sources of immediate power capacity for their data operations.<\/p>

The investment firm noted that Riot’s stock performance has lagged behind competitors who have successfully negotiated substantial AI and high-performance computing contracts.<\/p>

“In such a dynamic and rapidly evolving AI\/HPC demand environment, Riot must urgently seize this extraordinary opportunity,” Starboard Managing Member Peter Feld said in the letter.<\/p>

Riot has not yet provided a response to requests for comment.<\/p>

Starboard, holding approximately 12.7 million Riot shares, highlighted the company’s two primary Texas locations in Corsicana and Rockdale as ideally situated to meet this growing demand.<\/p>

Combined, these operations provide roughly 1.7 gigawatts of accessible power capacity appropriate for AI data center applications, the correspondence indicated.<\/p>

The investment firm advised prioritizing premium, institutional-grade tenants, including major cloud computing providers, rather than simply pursuing maximum rental rates.<\/p>

While Starboard viewed Riot’s recent partnership with Advanced Micro Devices as encouraging, they described it as merely a limited pilot program.<\/p>

The activist investor recognized Riot’s efforts to enhance corporate governance and operational effectiveness, noting the addition of board members with data center expertise and the recruitment of a dedicated chief data center officer.<\/p>","protected":false},"excerpt":{"rendered":"

Activist investor Starboard Value is pushing cryptocurrency mining company Riot Platforms to accelerate artificial intelligence data center partnerships. The firm believes Riot can leverage its massive power infrastructure in Texas to meet growing AI computing demands.<\/p>\n","protected":false},"author":4,"featured_media":22415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[834],"tags":[],"class_list":["post-22416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/02\/news-1771426849504.png?fit=1920%2C1080&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-5Py","jetpack-related-posts":[{"id":53173,"url":"https:\/\/tvdelmarva.com\/wp\/companies-rebrand-with-ai-tech-names-to-attract-wall-street-investment\/","url_meta":{"origin":22416,"position":0},"title":"Companies Rebrand with AI, Tech Names to Attract Wall Street Investment","author":"Admin","date":"April 16, 2026","format":false,"excerpt":"Sneaker maker Allbirds recently transformed into NewBird AI, causing its stock to jump six-fold and highlighting a growing trend. Small companies across America are pivoting to artificial intelligence and technology businesses to appeal to investors hungry for tech opportunities.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776363767704.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":25718,"url":"https:\/\/tvdelmarva.com\/wp\/french-energy-giant-considers-bitcoin-mining-at-massive-brazilian-solar-farm\/","url_meta":{"origin":22416,"position":1},"title":"French Energy Giant Considers Bitcoin Mining at Massive Brazilian Solar Farm","author":"Admin","date":"February 23, 2026","format":false,"excerpt":"French utility company Engie is exploring bitcoin mining operations and energy storage at its new solar facility in Brazil to boost profitability. The move comes as the company's largest solar project worldwide faces production cuts due to grid limitations.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/02\/news-1771868790705.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":43502,"url":"https:\/\/tvdelmarva.com\/wp\/microsoft-steps-in-after-openai-abandons-texas-ai-data-center-expansion\/","url_meta":{"origin":22416,"position":2},"title":"Microsoft Steps In After OpenAI Abandons Texas AI Data Center Expansion","author":"Admin","date":"March 27, 2026","format":false,"excerpt":"Microsoft will take control of a massive artificial intelligence data center project in Texas that OpenAI decided not to pursue. The tech giant plans to build two new facilities next to OpenAI's existing complex in Abilene, creating one of America's largest AI computing hubs.","rel":"","context":"In "Science"","block_context":{"text":"Science","link":"https:\/\/tvdelmarva.com\/wp\/category\/science\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1774636656140.jpg?fit=1000%2C562&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1774636656140.jpg?fit=1000%2C562&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1774636656140.jpg?fit=1000%2C562&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1774636656140.jpg?fit=1000%2C562&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":32504,"url":"https:\/\/tvdelmarva.com\/wp\/worlds-largest-copper-producer-partners-with-microsoft-for-ai-mining-tech\/","url_meta":{"origin":22416,"position":3},"title":"World’s Largest Copper Producer Partners with Microsoft for AI Mining Tech","author":"Admin","date":"March 6, 2026","format":false,"excerpt":"Chile's state-owned mining giant Codelco has partnered with Microsoft to explore artificial intelligence applications in their operations. The 18-month agreement focuses on data analytics, automation, and cybersecurity improvements for safer and more efficient mining.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/03\/news-1772805838485.jpg?fit=450%2C338&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":62424,"url":"https:\/\/tvdelmarva.com\/wp\/mining-giant-bhp-attracts-new-investors-seeking-copper-exposure-for-ai-growth\/","url_meta":{"origin":22416,"position":4},"title":"Mining Giant BHP Attracts New Investors Seeking Copper Exposure for AI Growth","author":"Admin","date":"May 6, 2026","format":false,"excerpt":"Global mining company BHP's Chief Financial Officer reports increased investor interest driven by artificial intelligence demand for copper. The world's largest copper producer has seen new international investors join as copper becomes increasingly valuable for AI infrastructure development.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1778041373210.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":50294,"url":"https:\/\/tvdelmarva.com\/wp\/mining-company-ceo-stands-by-controversial-1-6b-government-deal\/","url_meta":{"origin":22416,"position":5},"title":"Mining Company CEO Stands by Controversial $1.6B Government Deal","author":"Admin","date":"April 10, 2026","format":false,"excerpt":"The head of USA Rare Earth is defending a massive federal investment package amid congressional scrutiny over unusual terms and potential conflicts of interest. The deal includes funding for mining operations in Texas and Oklahoma as part of efforts to reduce dependence on Chinese rare earth minerals.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775848963358.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/22416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/comments?post=22416"}],"version-history":[{"count":0,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/22416\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media\/22415"}],"wp:attachment":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media?parent=22416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/categories?post=22416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/tags?post=22416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}