A committee of the board considering the approach “determined it significantly undervalues the company and…
Tag:
Bitfarms
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The hostile offer comes after a private offer to the board was rejected in April.…
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Bitcoin mining firm Riot Platforms has proposed to acquire its rival Bitfarms for US$2.30 per…
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Bitcoin NewsNews
Riot CEO claims Bitfarms not acting in best interests of shareholders amid acquisition rejection
Riot Platforms announced a proposal to acquire Bitfarms for US$2.30 per share. This acquisition would…
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Bitfarms’ shares were up nearly 6% at $2.13 as of 14:00 UTC following Riot’s announcement.…