Cryptocoins News / Finance Magnates - 3 months ago
In response to what it describes as a hostile takeover
attempt, Bitfarms has strongly rejected claims made by Riot Platforms, accusing
Riot of trying to undermine the company for its own gain. The conflict between the two Bitcoin mining giants has
es...
Cryptocoins News / Blockchain - 3 months ago
Bitfarms announces acquisition of Stronghold Digital Mining, reports August 2024 BTC production, and outlines significant expansion plans. (Read More)
Bitcoin News / Bitcoin.com - 3 months ago
Riot Platforms Inc., the largest shareholder of bitcoin mining firm Bitfarms Ltd. with a 19.9% stake, issued an open letter calling for significant changes to Bitfarms’ governance ahead of the Oct. 29 special meeting. Riot criticized recent boa...
Cryptocoins News / Blockchain - 3 months ago
Riot Platforms calls for Bitfarms shareholders to vote for new board members to improve governance ahead of a crucial special meeting. (Read More)
Bitcoin News / Bitcoin.com - 3 months ago
Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in Sharon, Pennsylvania. “This site represents Bitfarms’ first mega-site in the U.S. with access to up to 120 MW,” the company...
Cryptocoins News / Blockchain - 3 months ago
Bitfarms Ltd. has assumed control of its first large-scale site in the U.S., increasing its American footprint from 20 MW to 140 MW. (Read More)
Bitcoin News / Google News Bitcoin - 4 months ago
Bitfarms Acquisition of Bitcoin Miner Stronghold a ‘Strategic’ Move Against Rival Riot: Experts& & Decrypt
Bitcoin News / Bitcoin.com - 4 months ago
On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first quarter...
Cryptocoins News / Blockchain - 4 months ago
Bitfarms will acquire Stronghold Digital Mining in a stock-for-stock merger valued at $125 million, expanding its energy portfolio significantly. (Read More)
Cryptocoins News / Finance Magnates - 4 months ago
Bitfarms has expanded its operations in the US with the
acquisition of Stronghold Digital Mining in a stock-for-stock merger valued at
approximately $125 million. The agreement also includes an additional assumption
of $50 million in debt. According...
Cryptocoins News / CoinJournal - 4 months ago
Bitfarms to acquire Stronghold Digital for $175M in stock and assumed debt.
Bitfarms’ stock fell 8%, while Stronghold’s rose 60% following the news.
Riot Platforms, holding 19% of Bitfarms, previously attempted a takeover in June.
In a...
Bitcoin News / Bitcoin.com - 4 months ago
Bitfarms Ltd. has announced significant changes to its board of directors and executive team as the company continues to navigate a takeover bid and governance dispute with Riot Platforms Inc. The latest leadership updates include the appointment of...
Cryptocoins News / Blockchain - 4 months ago
Riot Platforms, Inc. has announced an increase in its ownership of Bitfarms Ltd., now holding 18.9% of the company's common shares. (Read More)
Cryptocoins News / Finance Magnates - 4 months ago
Riot
Platforms Inc. (NASDAQ: RIOT), the third biggest Bitcoin (BTC) miner on Wall
Street, has increased its ownership stake in rival Bitfarms Ltd (NASDAQ: BITF)
to 18.9%, further intensifying its efforts to reshape the Canadian miner's
board of direc...