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Riot Platforms said Bitfarms' move to adopt a poison pill to thwart its acquisition by the bitcoin miner was shareholder unfriendly and highlighted the lack of solid corporate governance standards. ...
Analysts at JPMorgan support Riot Platforms' proposed move to acquire Bitfarms to build the largest publicly traded BTC mining center.
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...
Colorado-based Riot Platforms has disclosed a proposal it made to acquire fellow Bitcoin mining company, Toronto-based Bitfarms, for $950 million USD.