Riot Proposes Acquisition of Bitfarms to ‘Create the World’s Largest Publicly Listed Bitcoin Miner’

by CryptoExpert

May 30, 2024

in Mining

Riot Proposes Acquisition of Bitfarms to ‘Create the World’s Largest Publicly Listed Bitcoin Miner’

Riot Platforms has announced a proposal to acquire Bitfarms to create “the world’s largest publicly listed bitcoin miner.” This offer includes cash and Riot stock, representing a 24% premium. Despite the initial rejection from Bitfarms’ Board, the proposal will be directly presented to shareholders. Riot asserts that the acquisition will establish a vertically integrated, geographically […]

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Deep in Mexico’s Jungle, Police Found 300 Crypto Miners Humming

Grayscale Says Rewards Beat Bitcoin 2x

Things are getting out of hand… BITCOIN BLAKE2B DRAMA

Tags: Bitcoin

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