Odaily Planet Daily News: People familiar with the matter revealed that Bitcoin mining company Riot Platforms Inc. has acquired a 9.25% stake in Bitfarms Ltd. and plans to publicly acquire the smaller Bitcoin miner, but the latter rejected Riot's acquisition offer last month. It is reported that Riot proposed to acquire Bitfarms for $2.30 per share in cash and stock, equivalent to an equity value of $950 million. Because the details have not yet been made public, these people asked not to be named. People familiar with the matter said that Riot believes that Bitfarms' recent management changes indicate problems with corporate governance, and the company also plans to call for a vote to add directors to the Canadian company. (Bloomberg)