Riot Blockchain
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Such raises reflect mining firms capitalizing on growing bullish sentiment around bitcoin among institutional investors, says Nishant Sharma
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Months after Riot’s so-called hostile takeover bid of Bitfarms, the two bitcoin miners forge an agreement
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Riot Platforms is attempting to acquire Bitfarms at a discounted price, the company alleged in a Wednesday statement
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Bitfarms should not enter into any transaction before its October shareholder meeting, Riot says in an open letter
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The Canadian company hopes to reach 950 megawatts of power capacity by the end of 2025 via its deal with New York-based Stronghold Digital Mining
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Riot Platforms, which owns 16.9% of Bitfarms’ stock, previously called for a vote to replace Nicolas Bonta with another board director
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Riot Platforms called for the meeting after seeking to acquire Bitfarms via a deal the company ultimately rejected
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The promotion of Ben Gagnon comes after Riot called a shareholder meeting to try to remove members of Bitfarms’ board
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Colorado-based miner is still “completely committed to pursuing a transaction” with its Canadian competitor after deal rejection
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Bitfarms’ latest shareholder rights plan does not preclude Riot from making unsolicited takeover bids, company says
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Bitfarms’ new shareholder rights plan to “preserve the integrity” of the strategic review process that Riot seeks to “undermine,” company claims
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The miner appears well positioned to defend itself against Riot’s current proposal, Architect Partners executive says — and Bitfarms says others are interested
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The company is making public a previously private offer rejected by Bitfarms’ board of directors last month
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Riot Platforms bought 31,500 more mining machines while CleanSpark has begun operating in Mississippi
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TBC President Lee Bratcher told Blockworks he’s “confident” about the Council’s case against the DOE
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Texas Blockchain Council and Riot Platforms claims miners will be “irreparably harmed” by divulging data requested by the government agency
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The company gains the option to buy 265,000 more miners to grow hash rate above 100 EH/s over the long term
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The top performers with respect to realized hash rate gains in Q3 were Bitdeer, CleanSpark and Marathon Digital
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Riot Platforms continues to take advantage of a brutal Texas summer that often features temperatures of over 100 degrees Fahrenheit
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Marathon Digital, Riot Platforms, CleanSpark and Bitfarms have all released their monthly mining reports for July
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Crypto stocks including Coinbase and Riot are posting robust gains, propelled by a strong showing for bitcoin over the year to date
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When a gargantuan asset manager is holding Bitcoin-related stocks, the temptation in crypto is to get over-excited
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