Bitfarms to Take ‘Poison Pill’ to Block Riot’s Takeover Bid

Canadian bitcoin mining firm Bitfarms has approved the adoption of a shareholder rights plan to prevent a potential hostile takeover bid by rival miner Riot Platforms. Bitfarms said in a statement on Monday that after June 20, each common share of Bitfarms outstanding will be issued and attached with one right. This defense strategy, also […]

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