Starboard Urges Bitcoin Miner Riot to Speed Up Shift to Data Centers

Bloomberg · Feb 18, 2026 · Collected from RSS

Summary

Activist investor Starboard Value is asking Riot Platforms Inc. to speed up its transition from Bitcoin miner to a data center company that could house hyperscaler tenants, according to a letter reviewed by Bloomberg News.

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Bloombergabout 2 hours ago
Malaysia’s Anti-Graft Chief Questioned in Shareholding Probe
Malaysia’s anti-graft chief Azam Baki was summoned by a special committee set up to probe his stock ownership to explain the matter on Thursday, as authorities respond to calls for him to be investigated.

Bloombergabout 3 hours ago
Xi Gains Upper Hand Before Trump Summit After US Tariff Reversal
Chinese President Xi Jinping is heading to the negotiating table with Donald Trump with a boost in bargaining power, after the US leader lost his ability to quickly raise tariffs for nearly any reason.

Bloombergabout 4 hours ago
India Postpones US Trip to Finalize Trade Pact on Tariff Ruling
Indian trade officials will postpone a trip to the US aimed at finalizing their interim deal after a US Supreme Court ruling that struck down many of President Donald Trump’s tariffs.

Bloombergabout 5 hours ago
Japan’s Ruling Party Tax Chief Calls US Tariff Situation ‘Messy’
A heavyweight of Japan’s ruling Liberal Democratic Party called US tariffs “a real mess” after President Donald Trump hiked levies in response to a Supreme Court decision that his previous tariffs were illegal.

Bloombergabout 7 hours ago
Australia Says Weighing All Options After ‘Unjustified’ Tariffs
Australia’s government said it will “examine all options” after US President Donald Trump imposed a 15% tariff on foreign imports.

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China Defies Global ‘AI Scare Trade’ as Investors Chase Winners
US markets are gripped by the “AI scare trade,” with investors selling software firms and wealth managers on concern that rapid advances in artificial intelligence will erode established business models.