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      "docSlug": "46fe79187184",
      "documentTitle": "Riot Platforms, Inc. (RIOT)",
      "authorId": "03_Starboard_Value",
      "authorName": "Peter A. Feld",
      "documentKindSlug": "shareholder-letter",
      "documentKindLabel": "Shareholder letter",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2026-02-18 00:00:00",
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      "slideType": "peer_benchmark",
      "function": "compare_peers",
      "notes": "The chart shows Riot (black line) significantly underperforming peers (WULF, CORZ, HUT, CIFR) since Jan 2024.",
      "imagePath": "https://imgproxy.kitesheet.com/k0Gkx5_dlmCjmanV90P6EIkYDhdhBPBS5iJCr-DRMcY/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy80NmZlNzkxODcxODQvcDAwMS5qcGc",
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          "evidence": "Indexed stock chart vs AI/HPC peers since Jan 2024.",
          "position": 1,
          "objective": "Show underperformance vs peer set with indexed chart",
          "structure": "Our Performance -> Industry Average -> Best-in-Class -> The Gap = The Opportunity",
          "confidence": 90,
          "description": "Compare performance against best-in-class to quantify the opportunity"
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