Riot Platforms withdraws offer for rival Bitfarms, seeks three board seats

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Riot Platforms withdraws offer for rival Bitfarms, seeks three board seats
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Riot, which is the biggest shareholder in Bitfarms with a nearly 15% stake, said it was 'ready to engage' with the company's reconstituted board about a...

A worker checks the fans on miners at the cryptocurrency farming operation Bitfarms in Farnham, Quebec

Riot, which is the biggest shareholder in Bitfarms with a nearly 15% stake, said it was "ready to engage" with the company's reconstituted board about a potential transaction. Bitfarms rejected the offer, saying it significantly undervalued the company and approved a poison pill plan to prevent any attempts at a hostile takeover.In this article, we are going to discuss the country that drinks the most alcohol per capita in 2024. If you’re also curious about which other countries are the heaviest drinkers, here is our full list of the 20 Countries with the Highest Alcohol Consumption per Capita in 2024.

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Riot Platforms Pursues Takeover of Rival Bitcoin Miner BitfarmsRiot Platforms Pursues Takeover of Rival Bitcoin Miner BitfarmsRiot Platforms Inc. has taken a 9.25% stake in Bitfarms Ltd. and plans to go public with a takeover offer for the smaller Bitcoin miner, which rebuffed its approach last month, according to people familiar with the matter.
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Bitcoin miner Riot Platforms attacks takeover target Bitfarms over poison pillBitcoin miner Riot Platforms attacks takeover target Bitfarms over poison pillRiot said on Wednesday it had privately urged Bitfarms to remove its chairman and interim CEO, Nicolas Bonta, and add at least two new independent directors ...
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Riot Seeks Three Bitfarms Board Seats in Bitcoin Miner Takeover FightRiot Seeks Three Bitfarms Board Seats in Bitcoin Miner Takeover FightRiot Platforms Inc. has called for a special meeting of shareholders at Bitfarms Ltd. to vote on three new board nominees as it seeks to take over the rival Bitcoin miner, according to people familiar with the matter.
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Bitfarms Adopts ‘Poison Pill’ After Riot Takeover Offer Turns HostileBitfarms Adopts ‘Poison Pill’ After Riot Takeover Offer Turns HostileBitcoin mining company Bitfarms Ltd. is adopting a “poison pill” shareholder rights plan as a defense after an unsolicited takeover offer by larger rival Riot Platforms Inc.
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Bitfarms Shares Rise After Riot Raises Pressure in Takeover BidBitfarms Shares Rise After Riot Raises Pressure in Takeover BidBitfarms Ltd.’s shares rose as much as 5.3% after Riot Platforms Inc. ratcheted up its takeover efforts by increasing its stake in the rival Bitcoin miner.
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Riot proposes hostile takeover of Toronto-based Bitfarms to create world’s largest publicly listed Bitcoin minerRiot proposes hostile takeover of Toronto-based Bitfarms to create world’s largest publicly listed Bitcoin minerRiot had private offer to buy Bitfarms rejected, and in a second letter Riot revealed it owned 9.25 per cent of the company’s shares, making it the largest shareholder
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