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Ennismore Global Equity Fund's investment thesis on RIOT Platforms ($RIOT) — Q1 2023 | Buyside Digest

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$RIOTNASDAQRIOT Platforms

BEAR

Ennismore Global Equity Fund—RIOT

Fund Letter

Q1 2023

Published April 12, 2023

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$21.80USD

+0.0% vs last month

$13.48Pitched

+61.7% since pitch

Market Cap$8.2B

P/E (TTM)N/A

52-Wk RangeN/A

Div. YieldN/A

Technical Chart

From the Fund Letter

Riot Platforms operates in crypto mining, which the manager evaluates as a structurally unviable business model with terrible economics. The company trades...

— Ennismore Fund Management Limited

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