Riot's stock jumps after activist investor pushes the bitcoin miner to pursue hyperscalers: 

WSJStarboard Value wants Riot “to convert some of its bitcoin-mining facilities into capacity for so-called hyperscalers,” The Wall Street Journal reports.
Riot’s stock was down 25% this year as bitcoin miners struggled to maintain profitability following the latest Bitcoin halving in April.

Shares of Riot Platforms (ticker RIOT) popped more than 10% in Thursday's trading session amid news that activist investor Starboard Value has bought up a stake in the company.

Starboard Value wants Riot "to convert some of its bitcoin-mining facilities into capacity for so-called hyperscalers," The Wall Street Journal reports.