Bitcoin miner Riot Platforms hash rate booms 50% in June
Riot’s hash rate of 22 EH/s surpassed CleanSpark and Core Scientific and now only trails Marathon Digital’s 31.5 EH/s. Go to Source
Riot Platforms
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Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase. Go to Source
Bitfarms adds board member to deter Riot Platforms takeover
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. Go to Source
Bitfarms expands into Pennsylvania amid Riot’s growing stake
Bitfarms announces U.S. expansion in Pennsylvania, while Riot Platforms increases its ownership stake in the company to 14%. Go to Source
Bitfarms pushes back against Riot’s $950M takeover attempt
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. Go to Source
Bitcoin miners rise 10% after Trump promises to back US miners
The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific. Go to Source
Trump hosts Bitcoin mining executives at Florida residence
Executives from the U.S. Bitcoin mining industry pitched the presidential candidate on how they could strengthen the electrical grid and create new jobs. Go to Source
Bitfarms adopts shareholder rights plan as Riot attempts takeover
The plan, which passed after Bitfarms’ shareholder meeting, will complicate Riot’s effort but not necessarily stop it from succeeding. Go to Source
Bitfarms Adopts Defensive Measures Against Riot Platforms’ Takeover
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% of Bitfarms, made an unsolicited bid to acquire all shares and plans … Read more
Riot Platforms bounces after damning report claiming collapse
Riot shares recovered from more than a 9% dip in the first hour of trading following a damning report from short seller Kerrisdale Capital. Go to Source
