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Mining

Board adjustments at Bitfarms amid income drop and Riot’s hostile takeover efforts

Bitfarms co-founder and chairman Nicolas Bonta is stepping down from the board instantly amid the continuing battle towards Riot Platforms‘ hostile takeover bid, in...
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Mining

Bitfarms adopts ‘poison tablet’ shareholder rights plan amid hostile takeover makes an attempt

Bitcoin miner Bitfarms introduced that its Board of Administrators has unanimously accredited a shareholder rights plan — efficient instantly — to protect the integrity...
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Mining

Riot presents $950 million to buyout Bitfarms in hostile takeover amid CEO controversy

Riot Platforms has introduced a proposal to amass Bitfarms for roughly $950 million, reflecting a 24% premium to Bitfarms’ one-month volume-weighted common share worth...
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