Riot Platforms (RIOT) Valuation After Activist Push Toward AI And High Performance Computing Data Centers
Riot Platforms (RIOT) is under renewed focus as activist investor Starboard Value pushes for an accelerated shift from bitcoin mining to AI and high-performance computing data centers. The company's valuation is largely tied to its ability to convert its power infrastructure into AI cash flows, with a fair value narrative suggesting it is 40.7% undervalued at $26.44 per share. However, alternative valuation using P/E ratios suggests current market sentiment may already be paying a premium for the AI growth story, posing a potential valuation risk if expectations diminish.
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