The corporate dispute between cryptocurrency miners Riot Platforms and Bitfarms has escalated. Riot Platforms increased its stake in Bitfarms, purchasing nearly six million shares worth more than $111 million. This comes just a day after Bitfarms proposed a "poison pill" strategy to prevent Riot's stake from increasing to 15% or more. 😮
Meanwhile, Tether plans to invest up to $1 billion in startups, Ripple Labs struck a new custody deal, Circle introduced programmable wallets on Solana, and Fireblocks announced a partnership with Coinbase.
Important: The US state of Indiana plans to become a hub for the data center and cryptocurrency mining industry, promising continuous, low-cost energy.