According to Odaily, Bitcoin mining company Riot Platforms announced on Tuesday that it has acquired an additional 1 million shares of its competitor Bitfarms, raising its ownership stake to nearly 18.9%. This brings Riot's total holdings to approximately 85.3 million shares. Riot stated that it will continue to evaluate its investment in Bitfarms. The company's future actions will depend on negotiations between the two firms, including discussions about shareholder meetings and changes to Bitfarms' board of directors. Riot is seeking to secure three board positions at Bitfarms and remains open to potential future transactions.