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Bitfarms Up on Settlement with Riot Platforms
Bitfarms Settles Takeover Row With Riot Platforms, Co-founder Departs
Riot Platforms and Bitfarms have reached an agreement that seems to have placed the former's hostile takeover attempts on hold for now.
Bitfarms agrees to board changes in settlement with Riot Platforms
Discover the latest on Bitfarms (BITF) and Riot Platforms (RIOT), two prominent players in the cryptocurrency mining industry.
Riot Platforms and Bitfarms Settle Acquisition Conflict
As part of the settlement, Bitfarms has granted Riot rights to purchase shares, contingent on Riot maintaining a stake of 15% or more. However, Riot has agreed not to exceed 20% ownership without board approval, ensuring some level of control for Bitfarms.
CCN on MSN
18h
Riot’s Truce With Bitfarms Reveals a Dark Truth About the Future of Bitcoin Mining
Riot Platforms has agreed to suspend its attempt to take over Bitfarms. Since May 2024, Riot has more than doubled its stake ...
1d
on MSN
Crypto Miner Truce Leaves Open the Possibility of Riot Taking Over Bitfarms
While Bitcoin miner Bitfarms Ltd. has brokered a truce with Riot Platforms Inc. over a months-long takeover fight, the ...
InvestorsHub on MSN
1d
Cryptocurrency Correlation With S&P 500 Rises; Riot Ends Bitfarms Acquisition; BlackRock Alters IBIT
Correlation between cryptocurrencies and the S&P 500 increases The correlation between cryptocurrencies and the S&P 500 ...
1d
on MSN
What's Going On With Bitcoin Mining Stock Riot Platforms Monday?
Riot Platforms Inc (NASDAQ:RIOT) on Monday announced that it entered into a settlement agreement with Bitfarms Ltd ...
6d
Bitfarms: The Would-Be Hunter Became The Hunted, Riot's Offer Was Fair
Bitcoin outlook will ultimately determine whether BITF should accept RIOT's offer to acquire at $2.30 per share. Read more on ...
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