Texas-headquartered bitcoin mining giant Riot has increased its stake in Bitfarms to 15.9% as part of its ongoing hostile takeover bid. Riot filed an SC 13D/A on Tuesday, indicating that it is holding 71.56 million outstanding shares of the Canadian rival following additional market purchases over the past week. Riot’s latest purchases, amounting to $19.3 […]
The post Bitcoin Miner Riot Increases Stake in Bitfarms to 15.9% appeared first on TheMinerMag.