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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
Gamers Are Reeling From Erdtree's Difficulty, The Switch Is Going Out Strong, And More Of The Week's Takes
23.6.2024
This past week gave us no shortage of things to talk about, from just how strong the final year of the Nintendo Switch is looking to just how absurd the latest Acolyte controversy is. We’ve also got a hands-on with the gorgeous Dragon Quest 3 remake and impressions of the great mafia-themed...
With Arcane Ending, Valorant Deserves The Adaptation Treatment
21.6.2024
This November, Netflix and Riot Games will release the second (and final) season of Arcane. The critically acclaimed animated series set in the world of League of Legends has been a massive success for Riot, and fans are already hoping for more adaptations in the aftermath of Arcane’s end. The rest...
This One Feature Makes Valorant Great On Console
17.6.2024
Ever since Valorant began its console beta on June 14 I haven’t been able to put the game down. I’m not new to Riot Games’ tactical hero shooter, but the console version has reignited my love for it, and it has to do with the port’s headlining new feature: Focus Mode.Read more
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
Bitfarms expands into Pennsylvania amid Riot’s growing stake
14.6.2024
Bitfarms announces U.S. expansion in Pennsylvania, while Riot Platforms increases its ownership stake in the company to 14%
Bitfarms deploys “Poison Pill” to block Riot Platforms takeover
13.6.2024
The Chief Executive Officer of Riot Platforms, Jason Les, has criticized Bitfarms’ move to block share purchases. Bitfarms has said it is potentially a hostile takeover, while Riot has defended its move by saying that its poison pill plan falls outside the traditional business norms....
Bitfarms pushes back against Riot’s $950M takeover attempt
13.6.2024
Riot's $950 million buyout offer is met with resistance as Bitfarms’ stakeholders and special committee deem it undervalued and not in shareholders’ best interests
Bitcoin miners rise 10% after Trump promises to back US miners
13.6.2024
The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific
Trump vs Biden: Riot’s Morgenstern Highlights Stark Contrast in Crypto Policies
13.6.2024
Brian Morgenstern of Riot Platforms shared his insights on the 2024 election’s impact on bitcoin and the crypto industry, praising former U.S. President Donald Trump’s pro-bitcoin stance and criticizing President Joe Biden’s regulatory measures. Trump promised to protect...
Riot acquires 13% Bitfarms stake as CEO decries ‘poison pill‘ strategy
12.6.2024
Bitfarms’ stock price on the Nasdaq has increased more than 56% in the last 30 days amid Riot Platforms’ attempt at a takeover
Arcane Season 2 Will Be Its Last, But Riot Still Has More Stories To Tell
12.6.2024
On June 11, Netflix released the first trailer for the eagerly anticipated second season of Arcane (crowd cheers). The trailer announced that it would mark the finale of the animated series adaptation of Riot’s League of Legends (crowd boos). But wait, it might not be the end of Riot’s adaptations...
Trump hosts Bitcoin mining executives at Florida residence
12.6.2024
Executives from the U.S. Bitcoin mining industry pitched the presidential candidate on how they could strengthen the electrical grid and create new jobs
Bitfarms adopts shareholder rights plan as Riot attempts takeover
10.6.2024
The plan, which passed after Bitfarms’ shareholder meeting, will complicate Riot’s effort but not necessarily stop it from succeeding
Bitfarms Adopts Defensive Measures Against Riot Platforms’ Takeover
10.6.2024
Bitfarms Ltd. has adopted a shareholder rights plan to protect the integrity of its ongoing Strategic Alternatives Review Process. This plan was unanimously approved by the Board and involves issuing rights to shareholders to prevent unwanted takeovers. Riot Platforms Inc., which owns 11.62%...
Riot’s Hero Shooter Valorant Is Finally Coming To Consoles
8.6.2024
Riot Games, the company best known for MOBA League of Legends, is bringing its free-to-play 5v5 hero shooter Valorant to consoles after four years of PC exclusivity. The game melds elements of hero shooters like Overwatch and tactical shooters like Counter-Strike, and it has a robust esports...
Arcane Season 2 Teaser Shows Off Caitlyn And Vi’s New Looks
7.6.2024
It’s been almost three years since Arcane, the Netflix animated series inspired by Riot Games’ global hit MOBA League of Legends, was released, and fans are dying for more. Thankfully, the long-awaited second season is finally within sight, with a November release window. And we’ve had a fresh...
Riot Platforms bounces after damning report claiming collapse
6.6.2024
Riot shares recovered from more than a 9% dip in the first hour of trading following a damning report from short seller Kerrisdale Capital
Bitcoin Miners With Attractive Power Contracts Are Potential M&A Targets, JPMorgan Says
5.6.2024
U.S. listed bitcoin miners draw up to 5 gigawatts of power and have access to an additional 2.5 GW, making them attractive potential takeover targets, the report said
Riot Platforms Falls After the Bitcoin Miner Is Targeted by Short-Seller Kerrisdale
5.6.2024
The short-seller has targeted MicroStrategy previously