According to Techub News, the mining company Bitfarms has adopted a poison pill strategy to prevent Riot from acquiring the company. Its board of directors has passed a new shareholder rights plan. According to the terms of the new rights plan, the acquirer intends to acquire 20% or more of the common shares. The new rights plan must comply with the approved offer "Permitted Bid", which must be made to all Bitfarms shareholders and must include a clause that no shares will be purchased and paid unless more than 50% of the shares held by independent shareholders are tendered.

However, the passage of the new plan requires the approval of the Toronto Stock Exchange, and Riot can apply to the court again to cancel the plan.