Activist investor Starboard Value has taken a notable stake in Bitcoin miner Riot Platforms, sparking a rise in Riot's stock price. While financial specifics weren't disclosed, sources suggest Starboard is pushing Riot to shift some Bitcoin mining capacity towards hyperscalers, capitalizing on the AI boom. Riot confirmed discussions with Starboard, emphasizing a commitment to shareholder value. Despite a 25% stock dip this year, Riot's shares jumped over 10% following the news. The move aligns with a broader trend of miners pivoting to AI and high-performance computing.