JPMorgan Supports Riot Platforms' Bid to Acquire Bitfarms
Analysts at JPMorgan support Riot Platforms' proposed move to acquire Bitfarms to build the largest publicly traded BTC mining center.
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Analysts at JPMorgan support Riot Platforms' proposed move to acquire Bitfarms to build the largest publicly traded BTC mining center.
Riot Platforms said on Tuesday it has offered to acquire all outstanding shares of Bitfarms for about $950 million in total equity value, even after a private proposal was rejected by the crypto...
CASTLE ROCK, Colo.--(BUSINESS WIRE)--May 28, 2024--
As far back as the two-trillion cryptocurrency collapse of 2022, pundits have predicted a large-scale consolidation within the bitcoin mining sector. Those...
Riot Platforms has offered $950M to acquire its competitor Bitfarms at a 24% premium over its share price.