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ZEC $487.69 -0.38%
BTC $63,002.11 +0.03%
ETH $1,878.78 -0.03%
BNB $604.97 -0.81%
XRP $1.00 -0.15%
SOL $75.39 +0.23%
TRX $0.3308 -0.42%
DOGE $0.0698 -0.25%
ADA $0.1777 -0.63%
BCH $203.63 -1.07%
LINK $9.40 +0.78%
HYPE $57.47 +2.18%
AAVE $85.99 -0.84%
SUI $0.6767 -0.76%
XLM $0.1567 -0.90%
ZEC $487.69 -0.38%

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

2024-06-05 22:34:01

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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