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Starboard Value is urging Riot Platforms to accelerate its entry into the AI data center market, leveraging its existing power capacity. The demand for computing power from AI and high-performance computing firms is rising, with Riot's Texas sites offering about 1.7 GW of power.

Starboard suggests focusing on long-term, high-quality tenants rather than merely seeking high rents. Riot has taken steps to enhance governance and efficiency, hiring experienced directors and a Chief Data Center Officer to support growth in this sector.