Wu said that according to Reuters, Bitcoin mining company Riot Platforms said on Wednesday that it had acquired a 12% stake in rival Bitfarms Ltd. Riot Platforms purchased about 1.5 million shares of Bitfarms on Wednesday at a price of about $2.45 per share. Riot said that before the acquisition, it already beneficially owned about 11.63% of Bitfarms' shares. The company said it plans to request a special shareholder meeting to add independent directors to Bitfarms' board of directors, citing concerns about its corporate governance.