Riot Dumps $1.58M in Bitfarms Shares – Is Bitcoin Mining’s Biggest Rivalry Over?

TL;DR Riot Platforms sold 1. 75 million shares of Bitfarms, raising approximately $1. 58 million, reducing its stake to 14. 3%. This sale came after a failed acquisition attempt in 2024 and reflects an ongoing strategic review. Despite the reduction, the market reacted positively, with Bitfarms’ stock rising 4%. Riot Platforms, one of the leading players in Bitcoin. . . source: https://crypto-economy.com/riot-dumps-1-58m-in-bitfarms-shares-is-bitcoin-minings-biggest-rivalry-over/