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Starboard Delivers Letter to Riot Platforms
[February 18, 2026]

Starboard Delivers Letter to Riot Platforms


Starboard Value LP (together with its affiliates, "Starboard"), a significant stockholder of Riot Platforms, Inc. ("Riot Platforms", "Riot", or the "Company") (NASDAQ: RIOT), today announced that it has delivered a letter to Jason Les, Riot Platforms' Chief Executive Officer, and Benjamin Yi, the Company's Executive Chairman, with a copy to the Company's Board of Directors.

The full text of Starboard's letter to the Company can be viewed here.

About Starboard Value LP
Starboard Value LP is an investment adviser with a focused and differentiated fundamental approach to investing in publicly traded companies. Starboard invests in deeply undervalued companies and actively engages with management teams and boards of directors to identify and execute on opportunities to unlock value for the benefit of all shareholders.



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