Odaily Planet Daily News: Bitcoin mining company Bitfarms has adopted a new "poison pill plan" after its competitor Riot Platforms filed a lawsuit against its first shareholder rights plan and won it. The plan aims to prevent Riot from acquiring Bitfarms and ensure that the interests of all shareholders are protected. It is reported that Riot has always wanted to acquire Bitfarms, so Bitfarms first adopted the "poison pill plan" in June, stating that if an entity accumulates more than 15% of Bitfarms' equity, the company will issue new shares to dilute the entity's shareholding. Riot tried to apply for Bitfarms to stop the plan and won the lawsuit. CEO Jason Les said that the victory in the lawsuit represented poor governance of Bitfarms. The passage of Bitfarms' new plan requires the approval of the Toronto Stock Exchange, and Riot can apply to the court again to cancel the plan. (The Block)