Bitcoin-listed miner Riot shares fell 6% after being shorted by Kerrisdale Capital
2024-06-05 14:29:40
Bitcoin-listed miner Riot Platforms (RIOT) underperformed its peers on Wednesday after well-known short seller Kerrisdale Capital said it was short RIOT shares and long Bitcoin (BTC). Riot's share price was reported to be one of the worst performing cryptocurrency-related stocks on Wednesday, falling more than 6%. A representative of Riot did not immediately respond to a request for comment.
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