Board changes at Bitfarms amid revenue drop and Riot’s hostile takeover efforts
Bitfarms co-founder and chairman Nicolas Bonta is stepping down from the board immediately amid the ongoing fight against Riot Platforms‘ ...
Tag: hostile
Is President Biden “hostile” to Bitcoin? Marathon Digital CEO says…
The 2024 election, dubbed the “Bitcoin Election,” is heavily influenced by rising US crypto users. Trump gains crypto support, including ...
Bitfarms adopts ‘poison pill’ shareholder rights plan amid hostile takeover attempts
Bitcoin miner Bitfarms announced that its Board of Directors has unanimously approved a shareholder rights plan — effective immediately — ...
Riot offers $950 million to buyout Bitfarms in hostile takeover amid CEO controversy
Riot Platforms has announced a proposal to acquire Bitfarms for approximately $950 million, reflecting a 24% premium to Bitfarms’ one-month ...
US dollar dominance is facing a crypto-yuan hostile takeover
Jay Newman was a senior portfolio supervisor at Elliott Administration and is the creator of Undermoney. Richard Carty was managing ...