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: takeover
Bitfarms implements fresh poison pill strategy to fend off Riot Platforms takeover bid
Bitfarms has introduced a new shareholder rights plan — a so-called poison pill strategy — to thwart Riot Platforms’ takeover ...
Bitfarms appoints new CEO as Riot intensifies takeover bid
Bitcoin miner Riot Platforms’ effort to take over rival Bitfarms has taken a new turn with recent developments in both ...
Bitfarms reports 21% increase in Bitcoin production amid upgrades and takeover drama
Bitcoin miner Bitfarms reported an increase in Bitcoin production for June following an overall capacity upgrade.According to its latest monthly ...
Bitfarms to boost US presence with Pennsylvania expansion amid Riot takeover bid
Bitcoin miner Bitfarms is set to expand its operations in the US by leasing a site in Sharon, Pennsylvania, and ...
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 ...
Bitcoin’s Wall Street takeover frustrates crypto’s true believers
The price of bitcoin soared to its highest level in more than two years this week, as speculators bet that ...
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 ...