💰 Bitcoin miner Riot Platforms raises Bitfarms stake to 14%, buys another $3.87 million worth of shares
Early Thursday evening, #bitcoin miner Riot Platforms said it acquired another 1,432,063 shares of Bitfarms for about $2.70 per share, or about $3.87 million. Riot now owns 57.62 million shares of Bitfarms, or about 14%. This is the latest step in Riot's attempted hostile takeover of Bitfarms. Last month, #RIOT Platforms attempted to acquire Bitfarms for roughly $950 million. On Wednesday, #RiotPlatforms ’ CEO criticized Bitfarms’ latest plans to block a takeover.
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