Bitfarms Calls Riot’s Takeover Offer ‘Significantly’ Undervalued

Canada-based Bitfarms has responded to the takeover offer from its bitcoin mining rival Riot Platforms, saying it “significantly undervalues” Bitfarms and its growth prospects. Riot revealed the proposal on Tuesday, intending to purchase 100% of the common shares of Bitfarms for $2.30 per share after becoming Bitfarms’ largest shareholder with a 10% stake. Bitfarms responded […]

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