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Nalezeno "strategic review": 3

Riot Platforms’ Bid Spurs Special Shareholders Meeting at Bitfarms


Bitfarms Ltd. has scheduled a special shareholders meeting for Oct. 29, 2024, in response to a requisition from Riot Platforms, Inc. The announcement on Friday claims Riot aims to disrupt Bitfarms’ ongoing strategic review process and acquire the company. The special committee of independent...

Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals


Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX team “to prioritize the preservation of franchise value as best we can in these difficult...

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