Riot Platforms abandons acquisition of Bitfarms and reshuffles board of directors

24/06/2024 22:18

Bitcoin mining company Riot Platforms (RIOT) has abandoned its acquisition of Bitfarms (BITF) and wants to reshuffle its board of directors before further acquisitions. Riot, now Bitfarms' largest shareholder with a 14.9% stake in the company, called a special meeting to remove Bitfarms chairman and interim CEO Nicolas Bonta, director Andrés Finkielsztain, and anyone who might fill the vacancy left by the resignation of co-founder Emiliano Grodzki. At the same time, Riot said it will continue to seek acquisitions because it is "good for the long-term growth of the business." (Coindesk)

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Riot Platforms abandons acquisition of Bitfarms and reshuffles board of directors

More news about ビットファームズ

More news about ビットファームズ

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