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Riot Platforms boosts Bitfarms stake with $2.28M share acquisition
14.8.2024
Riot Platforms continues navigating its complex relationship with Bitfarms while expanding its operations
Ex-Bitfarms interim CEO steps down amid board shakeup
13.8.2024
Bitfarms announced a new member and leadership to its board as Riot Platforms’ still appeared poised to replace three members in October
Marathon Digital shares plunge 8% after Q2 revenue miss estimates
2.8.2024
Marathon Digital has missed consensus estimates for the second quarter in a row, though its year-on-year performance has risen by 78%
Marathon Digital shares plunge 8% after Q2 revenue miss estimates
2.8.2024
Marathon Digital has missed consensus estimates for the second quarter in a row, though its year-on-year performance has risen by 78%
Bitcoin Miner Riot Platforms' Second-Quarter Loss Widens to $84.4M as Costs Surge
1.8.2024
The company's loss per share doubled to $0.32
Bitcoin miner Riot Platforms miss estimates with wider Q2 loss
1.8.2024
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin
Riot Platform buys Kentucky-based Block Mining for $93M
25.7.2024
Riot says the deal will immediately add one exahashes per second to its self-mining hashrate and expands its footprint in the United States
Bitfarms forced to stop ‘poison pill’ strat amid Riot takeover attempt
25.7.2024
The Ontario Capital Markets Tribunal terminated Bitfarm’s attempt to “poison pill” Riot Farm’s takeover attempt of their firm
Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says
24.7.2024
Riot will have the second-largest capacity among U.S. listed bitcoin miners following the acquisition, and the deal serves as the latest evaluation of underdeveloped power assets, the report said
Riot Platforms’ Bid Spurs Special Shareholders Meeting at Bitfarms
12.7.2024
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...
Riot Platforms Proposes Comprehensive Plan to Improve Bitfarms
9.7.2024
Riot Platforms Inc. (Nasdaq: RIOT) has proposed a comprehensive plan to improve Bitfarms Ltd. (Nasdaq: BITF) and has launched a website to detail this strategy. As part of its efforts to acquire Bitfarms, Riot has called for a special shareholders’ meeting to nominate three new directors:...
Bitfarms Leadership Change: Ben Gagnon Named CEO
9.7.2024
Bitfarms Ltd. (Nasdaq: BITF), a global bitcoin mining company, has appointed Ben Gagnon as chief executive officer, effective immediately. Gagnon, previously chief mining officer, has significantly contributed to Bitfarms’ growth over the past five years, the company said. Chairman Nicolas...
Bitcoin miner TeraWulf is open to merger but not for ‘empire building’
8.7.2024
Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed
Bitcoin miner TeraWulf is open to merger but not for ‘empire building’
8.7.2024
Expanding the number of Bitcoin machines or facilities “makes no sense” if profitability margins don’t increase, TeraWulf’s Kerri Langlais stressed
Bitcoin miner Riot Platforms hash rate booms 50% in June
4.7.2024
Riot’s hash rate of 22 EH/s surpassed CleanSpark and Core Scientific and now only trails Marathon Digital’s 31.5 EH/s
Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts
2.7.2024
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase
Bitfarms adds board member to deter Riot Platforms takeover
28.6.2024
Despite initially planning to buy all Bitfarms’ shares at $2.30 per share, Riot withdrew the offer, stating that cooperating with Bitfarms’ current board was difficult
Riot seeks three Bitfarms board members, says it holds 14.9% stake
24.6.2024
The mining firm said it intended to replace Bitfarms board members — including its interim CEO — with three people “completely independent” of both companies
Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board
24.6.2024
Riot is Bitfarms' largest shareholder, owning 14.9% of the firm
Crypto Biz: Riot Platforms and Bitfarms dispute escalates
14.6.2024
This week’s Crypto Biz explores the corporate battle between Riot Platforms and Bitfarms, Tether’s $1 billion budget for startups, Ripple Labs’ new custodian deal, and more