[Bitcoin miner Riot seeks to acquire rival Bitfarms] Golden Finance reported that 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, according to people familiar with the matter. People familiar with the matter said 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 recent management changes at Bitfarms indicate problems with corporate governance, and the company also plans to call for a vote to add directors to the Canadian company.