Riot Has Invested $111M to Acquire 13.1% Stake in Rival Bitfarms

Texas-headquartered bitcoin mining giant Riot Platforms has invested $111 million since March to acquire a 13.1% stake in Canada-based Bitfarms, aiming to take over the rival bitcoin miner. According to a filing on Wednesday, Riot has made additional purchases of nearly 6 million shares of Bitfarms through the open market over the past week, increasing […]

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