Bitfarms and Riot Platforms Settle Governance Dispute Ending Takeover Battle
Bitfarms and #RiotPlatforms settle governance dispute, agree on board changes, shareholder limits, and a standstill until 2026. #Bitfarms #BitcoinMining #BITF
Bitfarms and #RiotPlatforms settle governance dispute, agree on board changes, shareholder limits, and a standstill until 2026. #Bitfarms #BitcoinMining #BITF
#Bitfarms enhances its position with the Stronghold acquisition, expands U.S. capacity, and faces scrutiny from #RiotPlatforms amid #Bitcoin production drop.
#Bitfarms sets Oct 29 shareholder meeting to vote on board changes, following #RiotPlatforms’ push for new leadership. #corporategovernance
#Bitfarms expands into #Pennsylvania, boosting power capacity by 170% alongside #RiotPlatforms’ 14% stake acquisition. #Bitfarms #RiotPlatforms #cryptocurrenc
Bitfarms has improved its BTC mining output amid the easier mining conditions. Bitforms deposited 1,445 BTC produced this year into custody. Also, the mining firm utilizes green electricity to power its mining operations. Listed crypto mining company, Bitfarms Ltd has ramped up its mining operations. The company is taking advantage of recent crypto mining bans in China to expand its market dominance. The mining operation reportedly mined 1,357 BTC over the first half of 2021. In addition, Bitfarms deposited 1,445 BTC into custody. Notably, the BTC deposit is over 95% of the company’s BTC production so far this year. Also,