CASTLE ROCK, Colo., May 28, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or the "Company") today announced that it has made a proposal to the Bitfarms Board of Directors (the "Bitfarms Board") to acquire all of the outstanding shares of Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms") at a price of US$2.30 per Bitfarms common share (the "Proposal"). Riot also announced that it has accumulated a 9.25% stake in Bitfarms to become Bitfarms’ largest shareholder.
Riot Produces 375 Bitcoin in April 2024 and Provides Infrastructure UpdatesCASTLE ROCK, Colo., May 06, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announces unaudited production and operations updates for April 2024. Bitcoin Production and Operations Updates for April 2024 Comparison (%) Metric April 2024 1March 2024 1April 2023 Month/MonthYear/Year Bitcoin Produced 375425639 -12%-41%
It's been a sad week for Riot Platforms, Inc. ( NASDAQ:RIOT ), who've watched their investment drop 14% to US$10.30 in...