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LINK $9.02 -1.58%
HYPE $43.57 -2.60%
AAVE $100.47 +0.43%
SUI $0.9321 -1.15%
XLM $0.1555 +0.58%
ZEC $352.25 -3.72%

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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