📢📢Good news! Bitcoin mining company Riot Platforms (RIOT) has decided to temporarily abandon its plan to acquire Bitfarms (BITF), and instead chooses to reorganize its board of directors first. 😮😮

Riot is currently the largest shareholder of Bitfarms, holding 14.9% of the company's shares. They have held a special meeting and decided to remove Bitfarms' chairman and interim CEO Nicolas Bonta and director Andrés Finkielsztain, as well as anyone who might fill the vacancy left by the resignation of co-founder Emiliano Grodzki. 🔄🔄

Although the acquisition plan has been suspended, Riot said it will continue to seek acquisition opportunities because it is "conducive to the long-term growth of the company." 💪💪It seems that Riot is still very optimistic about the prospects of Bitcoin. Let's wait and see their next move! 👀👀 (Coindesk)