The Curious Case of Dan Loeb's Exposure to Hut 8 and Riot Platforms Dan Loeb's Third Point has been making headlines with its latest quarterly filing, which reveals exposure to two AI infrastructure companies: Hut 8 Corp.
and Riot Platforms, Inc. A closer examination of the details suggests that there is more to this story than meets the eye.
The security types are notable – Third Point owns common shares in Hut 8 and debt notes from Riot Platforms, rather than matching equity positions.