We recently published a list of 9 Stocks Jim Cramer Talked About. In this article, we are going to take a look at where Riot Platforms, Inc. (NASDAQ:RIOT) stands against other stocks that Jim Cramer talked about.

Bitcoin miner Riot Platforms (RIOT) finds itself a target of a second activist investor, with Reuters reporting investment management giant D.E. Shaw as having taken an unspecified stake.

D.E. Shaw has followed Starboard Value in building up a stake in Bitcoin miner Riot Platforms to push the company to make changes, according to Reuters.

Investment firm D.E. Shaw has built a position in Riot Platforms and may push it to make changes, two sources familiar with the matter said, making it the second activist shareholder to do so at the cryptocurrency mining company.

Riot Platforms and similar stocks typically advance in 5 waves and correct in 3 waves. Find out how human behavior and fractal analysis can help predict price movements.

Riot Blockchain, a Bitcoin miner, has attracted a second activist investor, D.E. Shaw, following a previous investment by Starboard Value. D.E. Shaw, managing $70 billion in assets, may influence Riot's operations, similar to Starboard's push for converting mining sites into data centers for high-performance computing.

Riot Platforms capitalized on the surge of cryptocurrencies in 2024, expanding mining capacity and diversifying energy sources. Read more on RIOT stock here.