Election 2024 coverage presented by
Last updated 3 mins ago
Bitcoin miner Riot Platforms (RIOT) dropped its proposal to buy peer Bitfarms (BITF) and is looking to overhaul the board before engaging in further takeover attempts.
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Crypto miner Bitfarms' (BITF) rejected rival Riot Platforms' (RIOT) takeover bid, saying it "significantly undervalues" the Canadian company.
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Riot Platforms (RIOT) has sought to acquire fellow bitcoin miner Bitfarms (BITF), having acquired a 9.25% in the company to become its large shareholder.
Last updated 3 mins ago