Categories: Crypto Freedom News

Riot Proposes Acquisition of Bitfarms to ‘Create the World’s Largest Publicly Listed Bitcoin Miner’

[ad_1]

Riot Platforms has announced a proposal to acquire Bitfarms to create “the world’s largest publicly listed bitcoin miner.” This offer includes cash and Riot stock, representing a 24% premium. Despite the initial rejection from Bitfarms’ Board, the proposal will be directly presented to shareholders. Riot asserts that the acquisition will establish a vertically integrated, geographically […]

[ad_2]

Source link

Related posts:

  1. US House Passes Central Bank Digital Currency Anti-Surveillance State Act
  2. Deadline Looms for Biden to Veto Congressional Overturn of SEC’s Crypto Rules
  3. Genesis Sells Grayscale Shares, Buys $2.17 Billion in Bitcoin for Customer Reimbursement
  4. How DLCs Can Enable Defi Deposits and Fulfill Bitcoin’s Promise
PrepTeam

Share
Published by
PrepTeam
Tags: AcquisitionBitcoinbitcoin minerBitfarmsCryptoCryptocurrencyDigital AssetsRiot Platformsvertically integrated
3 months ago

Recent Posts

Dear Diary, It’s Me, Jessica: Part 16

[ad_1] If you're new here, you may want to subscribe to my RSS feed. Thanks…

3 weeks ago

Google Faces Lawsuit After $5M in Crypto Stolen via Play Store App

[ad_1] A Florida woman, Maria Vaca, has sued Google in a California state court, alleging…

3 weeks ago

All About Water Purification: A Complete Tutorial

[ad_1] You may need to purify water to make it safe to drink. The process…

3 weeks ago

Protocol Village: Quai Releases Mainnet-Compatible Devnet, Crunch Lab Raises $3.5M

[ad_1] The latest in blockchain tech upgrades, funding announcements and deals. For the period of…

3 weeks ago

The Grim New Daily Life in Venezuela

[ad_1] If you're new here, you may want to subscribe to my RSS feed. Thanks…

3 weeks ago

World’s 3rd largest public pension fund buys $34M MicroStrategy shares

[ad_1] The third-largest public pension fund in the world has just bought nearly $34 million…

3 weeks ago