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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