Crypto Blog
Riot Platforms Inc., a leading crypto mining company, has announced its intention to acquire Bitfarms Ltd., another significant player in the Bitcoin mining industry.
This deal would also offer strategic and financial benefits, including enhanced growth potential and better access to equity markets. The new entity would operate 15 facilities across the US, Canada, Paraguay, and Argentina. Riot submitted its offer to Bitfarms’ board on April 22, but the latter turned it down without engaging in “substantive dialogue.” According to the terms, Bitfarms shareholders would hold approximately 17% of the merged company.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Bitcoin miner Riot Platforms reports record $211M Q1 net incomeBitcoin miner Riot Platforms reported a $211 million net income in Q1 2024 thanks to Bitcoin’s price jump over the quarter.
Lire la suite »
Bitfarms rejects Riot Platform's $1 billion acquisition proposalRiot Platforms noted that it is successfully purchased a 9.25% stake in the firm, making it one of the largest Bitfarms shareholders.
Lire la suite »
Riot Platforms proposes $950M buyout for Bitfarms amid CEO disputeRiot Platforms has offered $950M to acquire its competitor Bitfarms at a 24% premium over its share price.
Lire la suite »
Riot Platforms Is Best Suited to Consolidate Bitcoin Mining Sector: BernsteinWill Canny is CoinDesk's finance reporter.
Lire la suite »
Marvell Pursues AI Silicon Opportunities At HyperscalePatrick was ranked the 1 analyst out of 8,000 in the ARInsights Power 100 rankings and the 1 most cited analyst as ranked by Apollo Research. Patrick founded Moor Insights & Strategy based on in his real-world world technology experiences with the understanding of what he wasn’t getting from analysts and consultants.
Lire la suite »
Billionaire pursues Titanic-depth dive with $20 million submarine after OceanGate implosionBillionaire Larry Connor plans to explore the Titanic site with a new $20 million submarine, just a year after the fatal OceanGate incident.
Lire la suite »