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Hedge Fund Company D.E. Shaw Invests in Bitcoin Mining Firm Riot Platforms

BlockBeats News, January 30th, according to Reuters, hedge fund company D.E. Shaw has built a position in Riot Blockchain (RIOT.O) and may push for changes at the company, two people familiar with the matter said, making it the second activist shareholder in the cryptocurrency mining company.


Reuters was unable to ascertain the size of D.E. Shaw's stake in Riot.


Representatives for Riot and D.E. Shaw did not comment on the matter.

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ai16z is more like a movement than an organization in the traditional sense.
Shaw hopes that the establishment of a16z will attract more people to participate, collaborate on building and improving the technology together, making it a collective achievement.
ai16z Co-founder Shaw, Virtuals Protocol Contributor #001 Ethermage, Story Protocol Co-founder Jason, and others have all provided advisory support to the project.
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