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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
Bitcoin Miner Bitdeer Technologies Could be a Potential Takeover Target: Benchmark
22.7.2024
The broker raised its price target for the bitcoin miner to $16 from $13 while reiterating its buy rating on the stock
Crypto Biz: Tether to track USDT usage, Cipher gets takeover offer, and more
19.7.2024
This week’s Crypto Biz also explores Tether’s new hiring, a takeover bid for Cipher, Grayscale new decentralized AI fund, Ether ETFs, and more
Bitcoin miner Cipher receives takeover offer, considers sale: Report
17.7.2024
Cipher's initial public offering (IPO) was in 2021. Its current market cap is more than $2 billion
Trump hints at 4th NFT collection, fears Chinese crypto take-over
17.7.2024
In a wide-ranging interview, former United States president Donald Trump hinted at launching another NFT collection, saying “the people want” it
Trump hints at 4th NFT collection, fears Chinese crypto take-over
17.7.2024
In a wide-ranging interview, former United States president Donald Trump hinted at launching another NFT collection, saying “the people want” it
Bitfarms calls October shareholder meeting amid attempted Riot takeover
12.7.2024
Riot Platforms holds just under a 15% stake in Canadian mining firm Bitfarms and hopes to replace key board members with picks seeming favorable to its interests
Bitfarms calls October shareholder meeting amid attempted Riot takeover
12.7.2024
Riot Platforms holds just under a 15% stake in Canadian mining firm Bitfarms and hopes to replace key board members with picks seeming favorable to its interests
Celer Network Thwarts Attempted Domain Takeover
11.7.2024
Celer Network, a blockchain and cross-layer platform, said on July 11, 2024 (9:38 am EST), that it thwarted an attempt to take over its domains. The platform claimed it recovered all the Domain Name System (DNS) records. An investigation found the attack vector likely involved third parties beyond...
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 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
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
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%...
Bitcoin Mining Stocks Soar Amid Takeover Frenzy
6.6.2024
The stocks are undervalued, so miners with attractive power contracts could become M&A targets, according to Wall Street analysts
Riot Platforms Buys 9.25% Stake in Bitfarms After Rejected Takeover Offer
29.5.2024
Riot Platforms has acquired a 9.25% stake in Bitfarms after its $950 million proposal to buy out the company's outstanding stock at $2.30 per share was rejected.
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