According to Foresight News, Riot Platforms, Inc. acquired 3,002,350 common shares of Bitfarms Ltd. on May 28, 2024, representing approximately 0.75% of the company's issued and outstanding common shares. The purchase price was approximately $2.19 per share, for a total amount of $6,572,744.62.
Prior to this, Riot actually owned 36,856,350 common shares, representing approximately 9.25% of the issued and outstanding common shares. After the completion of the above acquisition, Riot actually owned 39,858,700 common shares of Bitfarms Ltd., representing approximately 10.00% of the issued and outstanding common shares.
